Jiya Eco-Products Limited Announces Key Leadership Appointments and Board Re-designation

2 min read     Updated on 31 Mar 2026, 09:48 PM
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AI Summary

Jiya Eco-Products Limited announced key leadership changes effective March 31, 2026, including the appointment of Swapnil Mhaske as CFO, Mayura Tagare as Company Secretary and Compliance Officer, and the re-designation of Nilesh Tiwari as Chairman. The appointments were approved by the board based on Nomination and Remuneration Committee recommendations and comply with SEBI listing regulations.

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Jiya Eco-Products Limited has announced key leadership appointments and organizational changes following its board meeting held on March 31, 2026. The decisions were made at the company's registered office location in Pune, Maharashtra, with the meeting conducted from 2:30 P.M. to 3:15 P.M.

Key Leadership Appointments

The board of directors, acting on recommendations from the Nomination and Remuneration Committee, approved three significant organizational changes effective March 31, 2026.

Position Name Effective Date
Chief Financial Officer Mr. Swapnil Mhaske March 31, 2026
Company Secretary & Compliance Officer Ms. Mayura Tagare March 31, 2026
Chairman (Re-designation) Mr. Nilesh Mahesh Tiwari March 31, 2026

New Chief Financial Officer Profile

Mr. Swapnil Mhaske brings substantial international experience to his new role as CFO. He holds an MBA degree in Finance & Macro Economics from San Diego State University (SDSU), California, USA. His professional background includes significant industry exposure with prior experience at reputed global technology companies including Qualcomm Inc. and Motorola. The company highlighted his combination of global education, industry expertise, and sustained leadership as key qualifications for aligning business development strategies with market opportunities, risk management, and strategic leadership.

Company Secretary Appointment Details

Ms. Mayura Tagare has been appointed as Company Secretary and Compliance Officer under Section 203 of the Companies Act, 2013, and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. She is an Associate Member of the Institute of Company Secretaries of India with membership number A70538.

Qualification Details Information
Professional Status Associate Member, ICSI
Membership Number A70538
Educational Background Bachelor's degree in Commerce, Savitribai Phule Pune University
Expertise Areas Secretarial Compliances, Corporate Law, Listing Regulations

Board Re-designation

Mr. Nilesh Mahesh Tiwari (DIN: 10488420), who previously served as a Non-Executive Director, has been re-designated as Chairman of the Board. This change also took effect from March 31, 2026, following the Nomination and Remuneration Committee's recommendation.

Regulatory Compliance

The appointments and re-designation comply with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided detailed information as required under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. Both new appointees confirmed no relationships with existing directors, promoters, or promoter groups of the company.

How will Mr. Mhaske's global technology experience at Qualcomm and Motorola influence Jiya Eco-Products' strategic direction in the eco-products sector?

What specific growth initiatives or market expansion plans might the company pursue under this new leadership structure?

Could these leadership changes signal potential partnerships or acquisitions in the sustainable products industry?

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