World Trade Factory™

Eureka Industries Board Approves PPIRP Initiation and Leadership Changes

Eureka Industries Board Approves PPIRP Initiation and Leadership Changes

Eureka Industries Limited completed its board meeting on April 13, 2026, approving the Pre-packaged Insolvency Resolution Process under IBC 2016 with Mr. Bimal Ashok Desai as Resolution Professional. The company experienced significant leadership changes with Ms. Mamta and Mrs. Madhu Devi resigning, while Mr. Chaitanya Jayantilal Pandya was appointed as Managing Director and CFO. An EGM has been scheduled for May 18, 2026, to seek shareholder approval for these appointments.

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