Chandrima Mercantiles Limited announced significant leadership changes following a board meeting held on January 6, 2026, at its registered office in Ahmedabad, Gujarat. The meeting, conducted under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 5:00 P.M. and concluded at 7:25 P.M., resulting in key appointments and resignations that will reshape the company's board structure.

Leadership Transition Details

The board approved the appointment of Mr. Dinesh Hareshbhai Gohel (DIN: 11061856) as the new Chairperson, effective January 6, 2026. Simultaneously, Mr. Pranav Kamleshkumar Trivedi (DIN: 09218324) resigned from his position as Non-executive Non-Independent Director cum Chairperson, also effective from the same date.

New Chairperson Profile

Mr. Dinesh Hareshbhai Gohel brings extensive experience in the agriculture and agri-business sector to his new role. According to the company's regulatory disclosure, he has held senior roles across organizations, with expertise in finance, operations, and strategic planning. The company confirmed that he is not related to any existing director of the company.

Committee Reconstitution

Following the leadership changes, the company reconstituted two key board committees effective January 6, 2026. The Nomination and Remuneration Committee now comprises Ms. Chetna as Chairperson (Non-Executive Independent Director), Mr. Parin Shirishkumar Bhavsar as Member (Non-Executive Independent Director), and Mr. Dinesh Hareshbhai Gohel as Member (Non-Executive and Non-Independent Director).

Resignation Details and Regulatory Compliance

Mr. Pranav Kamleshkumar Trivedi submitted his resignation due to personal reasons, stating his inability to devote adequate time to company affairs. In his formal resignation letter, he expressed gratitude to the directors and shareholders for the opportunity to serve as Non-Executive Non-Independent Director cum Chairperson. The company received confirmation from Mr. Trivedi that there are no other material reasons for his resignation beyond those mentioned in his resignation letter, as required under SEBI regulations.

The board meeting outcome was communicated to BSE Limited under the company's security code CHANDRIMA (540829), ensuring full regulatory compliance with SEBI disclosure requirements.

Chandrima Mercantiles Limited , a company with a strong financial position, has announced significant changes in its leadership structure and the appointment of a new statutory auditor. These changes come as the company continues to show robust growth in its balance sheet.

Leadership Restructuring

The company has approved the following key changes in its leadership:

Mr. Dinesh Hareshbhai Gohel, who previously held the positions of Managing Director and CFO, has transitioned to the role of Non-Executive Director. The company stated that Mr. Gohel's resignation as CFO was due to pre-occupation elsewhere.

New Statutory Auditor

Chandrima Mercantiles has recommended the appointment of M/s. MAAK Associates, Chartered Accountants (FRN: 135024W), as the new statutory auditor for the financial year 2025-26. This appointment is subject to approval by the members in the upcoming Extra-Ordinary General Meeting.

Financial Position

While the leadership changes are significant, it's worth noting that Chandrima Mercantiles Limited has shown substantial growth in its financial position. As of March 2025:

The company's strong financial growth provides a solid foundation for the new leadership to build upon.

These changes mark a new chapter for Chandrima Mercantiles Limited. As the company moves forward with its new leadership and auditor, stakeholders will be keen to see how these changes impact the company's future strategies and performance.