Bombay Dyeing Appoints Rukhshana Jina Mistry as Independent Woman Director

1 min read     Updated on 03 Oct 2025, 07:58 PM
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Jubin VergheseScanX News Team
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Overview

Bombay Dyeing has appointed Ms. Rukhshana Jina Mistry as a Non-Executive Independent Woman Director for a five-year term. The appointment was approved through a special resolution passed by postal ballot, with 98.67% of shareholders voting in favor. The voting process, conducted through remote e-voting, saw a 55.33% participation rate. The promoter group and institutional investors showed unanimous support, while non-institutional public shareholders had mixed opinions.

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

Bombay Dyeing , a prominent name in the Indian textile industry, has successfully appointed Ms. Rukhshana Jina Mistry as a Non-Executive Independent Woman Director for a term of five consecutive years. This appointment was approved through a special resolution passed by postal ballot, marking a significant corporate governance move for the company.

Overwhelming Shareholder Support

The resolution to appoint Ms. Mistry received overwhelming support from shareholders, with 98.67% of valid votes cast in favor. Out of the company's total 206.53 million shares, 114.27 million votes were polled, representing a substantial 55.33% participation rate. The voting results showed that 726 members voted in favor of the resolution, while 83 members voted against it.

Voting Process and Scrutiny

The postal ballot was conducted through remote e-voting, facilitated by the National Securities Depository Limited (NSDL). Shareholders were able to cast their votes electronically. To ensure transparency and compliance, Mr. Mitesh Dhabliwala from Parikh & Associates, a practicing company secretary, was appointed as the scrutinizer for the voting process.

Breakdown of Voting Results

The voting results revealed interesting patterns across different shareholder categories:

Category Votes Polled In Favor Against % In Favor
Promoter and Promoter Group 110,054,398 110,054,398 0 100.00%
Public Institutions 1,390,619 1,390,619 0 100.00%
Public Non-Institutions 2,828,239 1,304,097 1,524,142 46.11%
Total 114,273,256 112,749,114 1,524,142 98.67%

The table shows strong support from the promoter group and institutional investors, with some divergence in opinion among non-institutional public shareholders.

Implications for Bombay Dyeing

The appointment of Ms. Rukhshana Jina Mistry as an Independent Woman Director aligns with modern corporate governance practices, emphasizing diversity and independent oversight on company boards. This move is expected to bring fresh perspectives to Bombay Dyeing's leadership team and potentially enhance its decision-making processes.

As Bombay Dyeing continues to navigate the competitive textile industry landscape, the addition of Ms. Mistry to its board could play a crucial role in shaping the company's future strategies and maintaining investor confidence.

The successful completion of this appointment process demonstrates Bombay Dyeing's commitment to transparent corporate practices and shareholder engagement, which are vital aspects for publicly listed companies in today's business environment.

Historical Stock Returns for Bombay Dyeing

1 Day5 Days1 Month6 Months1 Year5 Years
+4.10%+5.33%-2.10%+26.27%-23.38%+176.48%
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Bombay Dyeing Appoints Rohit Santhosh as CEO of Bombay Realty

1 min read     Updated on 17 Sept 2025, 09:44 PM
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Riya DeyScanX News Team
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Overview

Bombay Dyeing has appointed Mr. Rohit Santhosh as the Chief Executive Officer of Bombay Realty, effective September 18, 2025. Santhosh brings over 17 years of experience in the real estate sector, having worked with companies like CapitaLand, Godrej Properties, Lodha Group, and Shapoorji Pallonji Group. An alumnus of ISB Hyderabad and NIT Allahabad, he will be responsible for overseeing the real estate division of Bombay Dyeing. The appointment, approved by the Board of Directors, aims to strengthen the company's real estate division.

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

Bombay Dyeing has announced a significant leadership change, appointing Mr. Rohit Santhosh as the Chief Executive Officer of Bombay Realty, effective September 18, 2025. This strategic move, approved by the company's Board of Directors based on the recommendation of the Nomination and Remuneration Committee, aims to strengthen the real estate division of the renowned textile and real estate conglomerate.

A Seasoned Professional at the Helm

Mr. Santhosh brings a wealth of experience to his new role, boasting over 17 years in the real estate sector. His impressive career spans across several leading organizations in the industry, including:

  • CapitaLand
  • Godrej Properties
  • Lodha Group
  • Shapoorji Pallonji Group

This diverse background has equipped Santhosh with a comprehensive understanding of various aspects of the real estate business, from residential and commercial projects to industrial and renewable-power initiatives.

Educational Background and Expertise

Rohit Santhosh's academic credentials are equally impressive:

  • Alumni of the prestigious Indian School of Business (ISB), Hyderabad
  • Graduate of the National Institute of Technology (NIT), Allahabad

His educational background, combined with his extensive industry experience, positions him well to lead Bombay Realty's strategic initiatives and drive growth in the competitive real estate market.

Role and Responsibilities

In his capacity as CEO of Bombay Realty, Mr. Santhosh will be:

  • Designated as Senior Management Personnel
  • Employed on a full-time basis
  • Responsible for overseeing the real estate division of Bombay Dyeing

Corporate Governance and Transparency

The appointment of Mr. Rohit Santhosh aligns with the company's commitment to corporate governance and transparency. Bombay Dyeing has duly informed the stock exchanges about this appointment, in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

This strategic appointment comes at a time when the real estate sector is experiencing significant changes and challenges. With Mr. Santhosh's proven track record in managing diverse real estate portfolios and his experience in P&L management for various types of projects, Bombay Realty is poised to strengthen its position in the market under his leadership.

As the real estate arm of one of India's oldest and most respected companies, Bombay Realty's future developments and strategies under the new CEO will be closely watched by industry observers and investors alike.

Historical Stock Returns for Bombay Dyeing

1 Day5 Days1 Month6 Months1 Year5 Years
+4.10%+5.33%-2.10%+26.27%-23.38%+176.48%
Bombay Dyeing
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