Relicab Cable Manufacturing Reshapes Board with New Appointments

1 min read     Updated on 28 Aug 2025, 05:36 PM
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Overview

Relicab Cable Manufacturing Limited has approved significant changes to its Board of Directors. Two new Additional Non-Executive Independent Directors, Mr. Abdul Hafiz Shaikh and Mr. Kanhaiyalal Hawaldar Yadav, have been appointed for a five-year term starting September 1, 2025. Ms. Vijaya Bhikaji More has been reappointed as an Additional Non-Executive Non-Independent Director effective September 9, 2025. These appointments are subject to shareholder approval at the upcoming 16th Annual General Meeting.

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

Relicab Cable Manufacturing Limited , a prominent player in the cable manufacturing industry, has announced significant changes to its Board of Directors, signaling a strategic move to strengthen its leadership team.

New Independent Directors Join the Board

The company's Board of Directors has approved the appointment of two new Additional Non-Executive Independent Directors, Mr. Abdul Hafiz Shaikh and Mr. Kanhaiyalal Hawaldar Yadav, for a term of five years starting September 1, 2025. These appointments are subject to shareholder approval at the upcoming Annual General Meeting.

Mr. Abdul Hafiz Shaikh, a Science Graduate, brings valuable experience in strategic initiatives to the board. He has demonstrated a strong commitment to ethical business practices and independent decision-making throughout his career.

Mr. Kanhaiyalal Hawaldar Yadav joins the board with over a decade of experience in sales and business development across India. His expertise lies in converting market opportunities into actionable visions, consistently delivering results, and fostering a growth-oriented mindset.

Reappointment of Ms. Vijaya Bhikaji More

In addition to the new appointments, the Board has approved the reappointment of Ms. Vijaya Bhikaji More as an Additional Non-Executive Non-Independent Director. This change will take effect from September 9, 2025, following the completion of her tenure as an Independent Director on September 8, 2025.

Ms. More, aged 54, brings over 20 years of experience in Finance and Management to her new role. A graduate from Mumbai University, her continued association with the company is seen as a valuable asset to the board.

Compliance and Regulatory Adherence

The company has confirmed that all appointees meet the eligibility criteria for their respective positions as defined under the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. None of the appointed directors are debarred from holding office as directors by any SEBI order or other authority.

Annual General Meeting

The Board has also approved the notice for Relicab Cable Manufacturing Limited's 16th Annual General Meeting, where shareholders will have the opportunity to vote on these appointments.

These board changes reflect Relicab Cable Manufacturing's commitment to enhancing its governance structure and bringing diverse expertise to its leadership team. The new appointments are expected to contribute to the company's strategic direction and growth in the coming years.

Historical Stock Returns for Relicab Cable Manufacturing

1 Day5 Days1 Month6 Months1 Year5 Years
-1.07%-1.97%-15.75%-11.79%-53.57%+174.81%
Relicab Cable Manufacturing
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