Polymechplast Machines Limited has announced the appointment of Mr. Devang Rasiklal Shah as an Additional Director. He will serve as a Non-Executive Independent Director for a tenure of 5 years, commencing from August 27, 2026, until August 26, 2031. The Board also approved the reconstitution of various committees. Mr. Shah brings over 30 years of experience in international business and cross-border operations.
Board Enhances Leadership Team
Polymechplast Machines Limited has strengthened its Board of Directors with the appointment of Mr. Devang Rasiklal Shah as an Additional Director. This appointment is effective from August 27, 2026.
Independent Director Appointment
Mr. Devang Rasiklal Shah (DIN: 11912406) has been appointed as a Non-Executive Independent Director. He will hold this office up to the next Annual General Meeting and will serve a fixed tenure of 5 consecutive years, concluding on August 26, 2031. Mr. Shah’s role is not liable to retire by rotation.
Director’s Profile and Experience
Mr. Devang Rasiklal Shah is a seasoned business professional with over 30 years of extensive experience. His expertise spans international business, cross-border operations, and global markets across Europe, the USA, Gulf countries, Turkey, and Taiwan. He possesses a strong understanding of DGFT procedures, statutory compliance, and liaison with government authorities. Mr. Shah holds a Bachelor of Commerce (B.Com.) and a Post Graduate Diploma in Export-Import, complemented by professional training in entrepreneurship, ISO, and vigilance. His areas of expertise include business strategy, international trade, commercial operations, manufacturing, supply chain management, regulatory compliance, risk management, and business development.
The company affirms that Mr. Shah is not debarred from holding directorships by any regulatory authority. Furthermore, there is no disclosed relationship between Mr. Devang Shah and other Directors of the Company, and he holds Nil shareholding in the Company.
Committee Reconstitution
In addition to the director appointment, the Board of Directors also approved the reconstitution of various Committees of the Company. The Board Meeting commenced at 12:30 p.m. and concluded at 1:15 p.m. on August 27, 2026.
Source: BSE
