The Board of Directors of Supreme Industries convened on Tuesday, February 17, 2026, to appoint a new Chairman. Shri M.P. Taparia, who already serves as the Managing Director (DIN: 00112461), has been unanimously elected as the Chairman of the Board and Company, effective immediately. This move consolidates leadership, as Shri Taparia will now hold both the Chairman and Managing Director roles concurrently.
Key Board Reshuffle Announcement
Supreme Industries Ltd. announced a significant leadership transition following a Board Meeting held on Tuesday, February 17, 2026. The Board formally elected Shri M.P. Taparia (DIN: 00112461) as the new Chairman of the Board and Company. This appointment is effective from the date of the meeting, February 17, 2026.
Consolidation of Roles
As a direct consequence of this election, Shri M.P. Taparia will now hold the dual roles of Chairman and Managing Director of the Company. The meeting commenced at 11:00 a.m. and concluded by 11:40 a.m. The announcement confirms that there were no other required disclosures regarding the relationship between directors pertinent to this appointment.
Official Communication
The outcome of the Board Meeting was formally conveyed by (R. J. Saboo), VP (Corporate Affairs) & Company Secretary, on behalf of The Supreme Industries Ltd. The company requested the stock exchanges to take this information on record.
Source: BSE