Polymac Thermoformers Appoints Abhay Goenka as New Independent Director
Polymac Thermoformers Limited has appointed Mr. Abhay Goenka as an Independent Director and accepted the resignation of Mr. Amit Rathi from the same position, effective December 17, 2021. Goenka, born in 1998, holds a B.B.A degree and is a director at Allenby Food & Beverages Private Limited. Rathi cited pre-occupations and other commitments as reasons for his departure. The changes were finalized during a Board meeting on December 17, 2021.
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Polymac Thermoformers Limited , a key player in the thermoforming industry, has announced significant changes to its Board of Directors. The company has appointed Mr. Abhay Goenka as an Independent Director while simultaneously accepting the resignation of Mr. Amit Rathi from the same position.
New Appointment
Mr. Abhay Goenka, born on December 8, 1998, has been appointed as an Independent Director of Polymac Thermoformers Limited. The appointment, which took effect on December 17, 2021, was based on recommendations from the company's Nomination and Remuneration Committee. Goenka brings a fresh perspective to the board with his expertise in finance and company matters. He holds a B.B.A degree and currently serves as a director at Allenby Food & Beverages Private Limited.
Board Reshuffle
Concurrent with Goenka's appointment, the Board accepted the resignation of Mr. Amit Rathi from his position as an Independent Director. Rathi's resignation, also effective from December 17, 2021, was communicated through a letter dated December 13, 2021. In his resignation letter, Rathi cited pre-occupations and other commitments as the reasons for his departure, confirming that there were no other material reasons for his decision.
Board Meeting Details
The changes in the Board composition were finalized during a Board meeting held on December 17, 2021. The meeting commenced at 1:30 PM and concluded at 2:15 PM, during which these significant decisions were made.
Company Insights
It's worth noting that Mr. Abhay Goenka does not hold any shares in Polymac Thermoformers Limited. This information, along with his current directorship at Allenby Food & Beverages Private Limited, suggests a diverse and independent perspective that he brings to his new role.
These changes in the Board of Directors mark a new chapter for Polymac Thermoformers Limited. The company appears to be focusing on bringing in fresh talent and expertise to guide its future strategies and operations in the competitive thermoforming industry.
Historical Stock Returns for Polymac Thermoformers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -4.98% | +23.24% | +5.41% | -22.91% | +96.91% |
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