Ester Industries Ltd

📊 Ester Industries Seeks Shareholder Approval for Key Leadership Changes & Remuneration Updates

- Re-designation of Mr. Arvind Singhania from Managing Director (Chairman and CEO) to Non-Executive, Non-Independent Chairman, effective March 26, 2026.

- Mr. Arvind Singhania will no longer be a Key Managerial Personnel and will receive no remuneration, except potential sitting fees or commission, with the option to waive them.

- Revision in remuneration for Mr. Ayush Vardhan Singhania, Whole-Time Director, effective March 27, 2026, until May 31, 2027.

- Mr. Ayush Vardhan Singhania's revised annual remuneration ranges from INR 2.70 Crores to INR 3.00 Crores, including salary, perquisites, allowances, and potential commission based on net profits.