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IFB Industries Reshapes Board, Committees and Appoints New Cost Auditor

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IFB Industries Reshapes Board, Committees and Appoints New Cost Auditor

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IFB Industries Ltd ( (IN:IFBIND) ) just unveiled an update.

IFB Industries Ltd has overhauled its board composition and governance structure, reappointing independent director Sreedevi Pillai for a second term from 28 January 2026 and inducting Saurav Adhikari and Subir Chakraborty as additional non-executive independent directors, while transitioning Ashok Bhandari from independent to non-executive, non-independent director from 30 January 2026, all subject to shareholder approval where specified. The company has also appointed Mani & Co. as cost auditor for FY 2025-26 at a remuneration of ₹9 lakh, affirmed that none of the directors are debarred by regulators, and reconstituted key board committees—including audit, nomination and remuneration, stakeholders relationship, CSR, and risk management—signalling a broad refresh of its governance framework that may strengthen oversight and compliance for stakeholders.

More about IFB Industries Ltd

IFB Industries Ltd is an Indian listed company engaged in industrial and consumer businesses, including engineering and manufacturing-driven activities, and is traded on both the National Stock Exchange of India and BSE under the symbol IFBIND and scrip code 505726.

Average Trading Volume: 3,302

Technical Sentiment Signal: Hold

Current Market Cap: 54.43B INR

Find detailed analytics on IFBIND stock on TipRanks’ Stock Analysis page.

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