February 22, 2025 – Pavna Industries Limited (NSE: PAVNAIND, BSE: 543915) has announced the re-appointment of Mr. Swapnil Jain (DIN: 01542555) as Managing Director for a period of five years, from April 1, 2025, to March 31, 2030.
Key Details of the Re-Appointment:
- Name: Mr. Swapnil Jain
- Designation: Managing Director
- Effective Date: April 1, 2025
- Term: Five years (April 1, 2025 – March 31, 2030)
- Reason for Re-Appointment: Current tenure expires on March 31, 2025.
- Approval Process: Subject to shareholder approval via postal ballot.
Profile & Responsibilities:
- Experience: 15+ years in the automotive industry.
- Role: Oversees business development, growth initiatives, and expansion.
- Education: Bachelor’s degree in commerce.
- Current Positions:
- Chairperson of the Corporate Social Responsibility Committee
- Member of the Stakeholder Relationship Committee & Audit Committee
- Promoter Holding: 13,56,560 shares
- Family Relations in Board:
- Spouse of Mrs. Priya Jain (Executive Director)
- Son of Mrs. Asha Jain (Chairperson & Executive Director)
Board Meeting Highlights:
- Date: February 22, 2025
- Meeting Start Time: 12:00 PM (IST)
- Meeting Conclusion: 1:00 PM (IST)
- Other Approvals: Notice of Postal Ballot for shareholder voting.