Two board committees reconstituted; Shivam Dineshbhai Sakariya replaces a member on both
Board of Jivial Industries Ltd changed the composition of two committees — Audit Committee and Nomination and Remuneration Committee.
By ScoutQuest · · 1 min read
- Audit Committee Change
- Mr. Shivam Dineshbhai Sakariya named Member in place of Mr. Yogeshbhai Kantilal Trivedi
- Nomination and Remuneration Committee Change
- Mr. Shivam Dineshbhai Sakariya named Member in place of Mr. Yogeshbhai Kantilal Trivedi
- Unchanged Positions
- Chairpersons and other members are unchanged
What the company told the exchange
Jivial Industries Ltd has informed BSE that its Board of Directors has made changes in the composition of two committees of the Board. The intimation was signed by Anand Jitendrabhai Chovatiya, Managing Director.
Audit Committee
- Chairperson stays the same: Mr. Harsh Maheshbhai Varsani continues as Chairperson.
- Mr. Shivam Dineshbhai Sakariya is named a Member in place of Mr. Yogeshbhai Kantilal Trivedi.
- Mr. Anand Jitendrabhai Chovatiya continues as a Member.
Nomination and Remuneration Committee
- Chairperson stays the same: Mr. Bhavik Jamanbhai Gadhiya continues as Chairperson.
- Mr. Harsh Maheshbhai Varsani continues as a Member.
- Mr. Shivam Dineshbhai Sakariya is named a Member in place of Mr. Yogeshbhai Kantilal Trivedi.
What this means
Committees of the Board are small working groups that look at specific areas — the Audit Committee reviews financial reporting and internal controls, and the Nomination and Remuneration Committee looks at board appointments and pay matters. A change in who sits on them is an internal governance matter, not a change in the company's business or finances. Here the change is a straight swap of one member on both committees, with the chairpersons and other members unchanged.
What to keep in mind
- This is an update about who sits on two committees; it carries no financial figures.
- It is a compliance intimation, so there is no commercial news attached to it.
- The person named on both committees is Mr. Shivam Dineshbhai Sakariya, in place of Mr. Yogeshbhai Kantilal Trivedi.
Also from Jivial Industries
Board approves withdrawal of proposed postal ballot process
5 Nov 2026
Board appoints Mr. Shivam Dineshbhai Sakariya as Additional Director (Non-Executive & Independent)
5 Nov 2026
Board approves H1 results, independent director changes and IPO fund-use statement
5 Nov 2026
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