Eureka Industries Board Meeting Outcome
Eureka Industries announced leadership changes including two director appointments and three resignations. The board also reconstituted its committees to maintain statutory compliance.
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Eureka Industries announced leadership changes including two director appointments and three resignations. The board also reconstituted its committees to maintain statutory compliance.
Eureka Industries Limited approved the initiation of the Pre-packaged Insolvency Resolution Process (PPIRP) and proposed Mr. Bimal Ashok Desai as Resolution Professional. The Board also accepted the resignations of MD/CFO Ms. Mamta and Independent Director Mrs. Madhu Devi, appointing Mr. Chaitanya Jayantilal Pandya as the new MD and CFO.
Eureka Industries Limited's board approved the initiation of the Pre-packaged Insolvency Resolution Process (PPIRP) and a Base Resolution Plan. Key management changes include the resignation of MD/CFO Ms. Mamta and the appointment of Mr. Chaitanya Jayantilal Pandya as Managing Director and CFO. An Extraordinary General Meeting is scheduled for May 18, 2026.
Eureka Industries Limited has scheduled a Board Meeting for April 13, 2026, to consider initiating a Pre-packaged Insolvency Resolution Process (PPIRP) under the IBC. The board will also review a Base Resolution Plan for financial creditors. Trading windows for designated persons are closed from April 1, 2026, until 48 hours after fiscal year-end results.