Shareholders approve re-appointment of Managing Director for 5 years from June 2027
Shareholders, at the meeting on 24 September 2026, passed a special resolution re-appointing Mr. Jyotiprasad Chiripal (DIN: 00155695) as Managing Director for a further 5 years, from June 1, 2027 to May 31, 2032.
By ScoutQuest · · 1 min read
- MD Re-appointment Term
- 5 years, from June 1, 2027 to May 31, 2032
- MD Name
- Mr. Jyotiprasad Devkinandan Chiripal (DIN: 00155695)
- Shareholder Meeting Date
- 24 September 2026
- Board/NRC Recommendation Date
- August 12, 2026
- MD Tenure Since
- 2017
What was approved
Members of the company, at their meeting held on Thursday, 24th September, 2026, passed a special resolution re-appointing Mr. Jyotiprasad Devkinandan Chiripal (DIN: 00155695) as Managing Director.
- Term: a further period of 5 (five) years
- Effective from June 1, 2027 to May 31, 2032
- Recommended by the Nomination & Remuneration Committee and approved by the Board on August 12, 2026
About the appointee
- Commerce graduate with more than 40 years of business experience in fabric, yarn and knitted apparels
- Expertise in finance, production, marketing and new customer development across Chiripal Group companies
- Joined as Managing Director in 2017 and was re-appointed with effect from June 01, 2022
- Holds directorships in several other companies including Chiripal Industries Limited and Chiripal Poly Films Limited
Relationship disclosure
He is the father of Mr. Deepak Chiripal, CEO of the company. The update also states he is not debarred from holding the office of Director by virtue of any SEBI or other authority order.
How to read it
This is a leadership continuity update: the existing Managing Director continues for another term beginning after his current tenure ends. No change in day-to-day management is indicated by this approval.
Also from Nandan Denim
Board meeting on November 02, 2026 to consider and approve September quarter results
21 Oct 2026
More numbers
- Term of re-appointment5 (five) years
- Business experiencemore than 40 years
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