Uma Exports re-appoints Rakhesh Khemka as MD and Manmohan Saraf as ED & CFO

1 min read     Updated on 06 Jul 2026, 04:54 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Uma Exports has re-appointed Rakhesh Khemka as Managing Director and Manmohan Saraf as Executive Director and CFO for five years. The Board also approved the re-appointment of three Independent Directors for a second term. These appointments are subject to shareholder approval.

powered bylight_fuzz_icon
44882678

*this image is generated using AI for illustrative purposes only.

Uma Exports has re-appointed Rakhesh Khemka as Managing Director and Manmohan Saraf as Executive Director and CFO for a period of five years. The Board of Directors approved these decisions at its meeting held on July 4, 2026, based on the recommendations of the Nomination and Remuneration Committee. These re-appointments are subject to the approval of the shareholders.

Rakhesh Khemka’s re-appointment is effective from July 7, 2026. He has been associated with the company since 1994 and holds over 28 years of experience across various management roles. Manmohan Saraf’s re-appointment is effective from August 18, 2026. He is a Chartered Accountant and has been serving as the internal auditor for the past 10 years.

The Board also approved the re-appointment of three Independent Directors for a second term of five consecutive years. Mr. Vivek Parasramka, Mrs. Suman Agarwal, and Mrs. Priti Saraf have been re-appointed effective July 7, 2026, subject to shareholder approval.

Re-appointment Details

Name Role Effective Date Term
Mr. Rakhesh Khemka Managing Director July 7, 2026 5 years
Mr. Manmohan Saraf Executive Director and CFO August 18, 2026 5 years
Mr. Vivek Parasramka Independent Director July 7, 2026 5 years
Mrs. Suman Agarwal Independent Director July 7, 2026 5 years
Mrs. Priti Saraf Independent Director July 7, 2026 5 years

The disclosures were made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that none of the re-appointed directors are debarred from holding the office of Director by any SEBI order or other authority.

Historical Stock Returns for Uma Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-1.29%-3.64%-5.68%-43.56%-57.10%-73.13%

What strategic growth initiatives does Uma Exports plan to pursue under the renewed leadership of Rakhesh Khemka?

How will the re-appointment of the CFO influence the company's financial management and capital allocation strategies over the next five years?

What are the expected market reactions from shareholders regarding the re-appointment of the entire board leadership?

Uma Exports promoter reduces stake by 0.31% via open market sale

1 min read     Updated on 26 Jun 2026, 02:32 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Uma Exports promoter Sumitra Devi Khemuka sold 1,05,000 shares on the NSE on June 24, 2026, reducing her stake from 6.33% to 6.02%. The transaction was worth ₹22,63,307.81, and the company disclosed the details to the exchanges on June 25, 2026, under SEBI regulations.

powered bylight_fuzz_icon
43939483

*this image is generated using AI for illustrative purposes only.

Uma Exports Limited disclosed that promoter Sumitra Devi Khemuka reduced her stake by selling 1,05,000 equity shares on the open market. The transaction, executed on June 24, 2026, was valued at ₹22,63,307.81 and was conducted through the National Stock Exchange (NSE). The company submitted the necessary disclosures to the exchanges on June 25, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Following the disposal, Khemuka's shareholding in Uma Exports decreased from 6.33% to 6.02%. The disclosure, submitted in Form C under Regulation 7(2) of the SEBI regulations, confirmed that the shares were sold via the market mechanism. The filing was signed by Sriti Singh Roy, Company Secretary & Compliance Officer of Uma Exports Limited.

The details of the transaction and the change in shareholding are outlined below:

Details Information
Name of Promoter Sumitra Devi Khemuka
Date of Transaction June 24, 2026
Shares Sold 1,05,000
Transaction Value ₹22,63,307.81
Pre-transaction Holding 6.33%
Post-transaction Holding 6.02%
Mode of Disposal Market (NSE)

The filing further confirmed that no trading activity occurred in the derivatives segment by the promoter during this period. The company forwarded the Form C disclosure to both the National Stock Exchange of India Limited and BSE Limited for dissemination.

Historical Stock Returns for Uma Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-1.29%-3.64%-5.68%-43.56%-57.10%-73.13%

Will other promoters follow suit and reduce their stakes in the near future?

How might this sale impact investor confidence in Uma Exports' stock performance?

Does this indicate a shift in the promoter's long-term strategy for the company?

More News on Uma Exports

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-57.10%