Shreeshay Engineers Plans Main Board Migration, Re-appoints Managing Director
Shreeshay Engineers' Board has approved plans to migrate from BSE's SME platform to the main boards of BSE and NSE, subject to approvals. The company has reappointed Mr. Jignesh Thobhani as Managing Director for a three-year term starting December 28, 2025. Corporate governance measures include appointing M/s Ferrao MSR & Associates as Secretarial Auditor and scheduling the 30th Annual General Meeting.
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Board Approves Main Board Migration
Shreeshay Engineers ' Board of Directors has approved plans to migrate from BSE's SME platform to the main boards of both BSE and NSE. This decision, subject to shareholder and regulatory approvals, reflects the company's growth trajectory and could potentially increase its visibility and liquidity in the market.
Leadership Continuity
The Board has re-appointed Mr. Jignesh Thobhani as the company's Managing Director for a three-year term, effective from December 28, 2025, to December 27, 2028. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Mr. Thobhani, who holds a Diploma in Pharmacy, brings over 27 years of experience in equities, commodities, and real estate investment to his role. His continued leadership is expected to provide stability and strategic direction to the company.
Corporate Governance Measures
In line with regulatory requirements and best practices in corporate governance, Shreeshay Engineers has taken several key steps:
Secretarial Auditor Appointment: The company has appointed M/s Ferrao MSR & Associates, a practicing company secretary firm based in Mumbai (COP No. 5676), as its Secretarial Auditor for the financial years 2025-2026 and 2026-2027.
AGM Preparations: The 30th Annual General Meeting has been scheduled, with M/s. M Rupareliya & Associates appointed as the scrutinizer for the meeting.
Compliance Reporting: The Board has approved the draft Board Report, Management Discussion and Analysis Report, and other necessary documents for the financial year 2024-2025.
Looking Ahead
These developments, particularly the planned migration to the main boards of BSE and NSE, indicate Shreeshay Engineers' aspirations for growth and increased market presence. The re-appointment of Mr. Thobhani suggests a focus on leadership continuity during this potential transition phase.
Investors and market observers will likely watch closely for the outcomes of the shareholder approvals and regulatory processes required for these corporate actions, especially the proposed migration to the main boards.
Historical Stock Returns for Shreeshay Engineers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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