Gorani Industries Appoints New Independent Director and Re-appoints Existing Director
Gorani Industries Limited has made significant changes to its board following its AGM. Ms. Arpita Jain has been appointed as an Independent Director for a five-year term. Mr. Ayush Shukla has been re-appointed as an Independent Director for a second five-year term. The company also re-appointed its Statutory Auditors, Managing Director, Whole-time Director, and a Non-Executive Director. These changes aim to bring fresh perspectives and maintain stability in the company's governance.

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Gorani Industries Limited , a company listed on the Bombay Stock Exchange, has announced significant changes to its board of directors following its Annual General Meeting (AGM) held on September 26, 2025.
New Appointment
Ms. Arpita Jain has been appointed as an Independent Director for a five-year term, commencing from October 1, 2025, to September 30, 2030. Ms. Jain, a qualified Company Secretary with a commerce degree, brings valuable expertise in corporate governance, compliance, and company law to the board. Her professional background demonstrates a proven track record in legal compliance and regulatory affairs.
Re-appointment
Mr. Ayush Shukla has been re-appointed as an Independent Director for a second five-year term, starting from February 12, 2026, to February 11, 2031. Mr. Shukla, known for his knowledge in corporate law and governance, will continue to provide strategic guidance to the company.
Board Independence
Both Ms. Jain and Mr. Shukla meet the independence criteria as stipulated in Section 149(6) of the Companies Act. Their appointments are structured to ensure they are not liable to retire by rotation, further strengthening the independence of the board.
Other Key Decisions
The AGM also saw several other important resolutions passed:
- Re-appointment of M/s. Sandeep Surendra Jain and Company, Chartered Accountants, as Statutory Auditors for a second term.
- Re-appointment of Mr. Sanjay Kumar Gorani as Managing Director for three years, with a monthly remuneration cap of Rs. 2.00 lakh.
- Re-appointment of Mr. Nakul Gorani as Whole-time Director for three years, with a monthly remuneration cap of Rs. 3.00 lakh.
- Re-appointment of Ms. Raina Goyal, who retired by rotation, as a Non-Executive Director.
Compliance and Transparency
Gorani Industries has demonstrated its commitment to corporate governance by providing e-voting facilities to shareholders and appointing an independent scrutinizer to oversee the voting process. The AGM proceedings, conducted through video conferencing, reflect the company's adaptation to modern corporate practices.
These board changes and re-appointments are expected to bring fresh perspectives and continued stability to Gorani Industries as it moves forward in its corporate journey.
Historical Stock Returns for Gorani Industries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-100.00% | +3.68% | -4.87% | -7.34% | -25.78% | +511.92% |