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Rushil Decor Limited has elevated the young and dynamic Mr. Rushil K. Thakkar as its Managing Director

AHMEDABAD, India, Sept. 24, 2024 /PRNewswire/ — Rushil Decor Restricted (BSE: 533470) (NSE: RUSHIL) is happy to announce the promotion of Mr. Rushil Ok. Thakkar because the Managing Director (MD) of the corporate.


Mr. Rushil Thakkar

Mr. Rushil Thakkar has been elevated as Managing Director – Based mostly on the advice of the Nomination and Remuneration Committee, the Board of Administrators of the Firm (‘the Board’), at its Assembly held on Friday, September 20, 2024, authorised the promotion of Mr. Rushil Ok. Thakkar (DIN: 06432117) as Managing Director of the Firm for the remaining interval of his tenure, topic to approval by the Members of the Firm.

A transient profile of Mr. Rushil Ok. Thakkar is given under:

Mr. Rushil Ok. Thakkar holds a Bachelor of Commerce diploma from Gujarat College and has been actively concerned within the Firm administration for over 11 years. Mr. Rushil Thakkar is a younger and dynamic chief and has performed a key function in driving a number of main tasks, together with the profitable implementation of the Andhra Pradesh Skinny & Thick MDF venture and the institution of the Jumbo dimension laminated sheet venture in Gujarat.

He has a deep understanding of the Laminate, MDF board and Laminated flooring industries, which has been pivotal in enhancing the corporate’s operational capabilities and increasing its product choices. As well as, he has additionally performed a vital function in overseeing logistics, warehousing and export operations, additional strengthening the corporate’s international attain.

The Chairman of the Firm Mr. Krupesh G. Thakkar mentioned that:

“I’m happy to announce the elevation of Mr. Rushil Thakkar because the Managing Director of the Firm. Over the previous 11 years, Rushil has made vital contributions to our key tasks, together with the institution of recent manufacturing capabilities and the enlargement of our product traces. His dynamic management and dedication have been essential in driving the corporate’s development and preserving us aggressive available in the market. Along with his in depth business data and powerful dedication to operational excellence, I’m satisfied that he’ll lead the corporate in direction of continued development and success. I look ahead to working intently with him and the remainder of the group as we proceed to create worth for all our stakeholders and take the corporate to even larger heights.”

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Appointment of Mr. Hiren S. Mahadevia as an Impartial Director   Rushil Décor hereby informs that the Shareholders at their 30th Annual Normal Assembly of the Firm held on Friday, 20th September, 2024, has inter-alia, authorised the appointment of Mr. Hiren S. Mahadevia (DIN: 00156429) as an Impartial Director of the Firm for a time period of 1 12 months with impact from 09th August, 2024.

A transient profile of Mr. Hiren S. Mahadevia is given under:

Mr. Hiren S. Mahadevia is an skilled finance and authorized skilled with over 35 years of experience, specializing in strategic monetary administration, company planning and compliance administration. As the previous Group CFO and Firm Secretary of Ashima Group, he performed a pivotal function in managing monetary, authorized and ERP implementation actions. He has a robust background in textiles and actual property, with notable achievements in restructuring, international collaborations and managing high-level monetary operations. He holds a level of MBA in Finance, LLB and is a professional Firm Secretary.

About Rushil Décor

Based in 1993, Rushil Decor Restricted is a globally main Firm in trendy inside infrastructure and eco-friendly composite wooden panels. The corporate excels in setting business benchmarks by way of revolutionary designs and superior know-how. Working six cutting-edge manufacturing vegetation, Rushil Decor has an annual capability of three,30,000 CBM MDF and three.49 million Laminates, serving prospects in over 53 international locations. The corporate’s product vary consists of VIR Laminates, VIR MDF boards, VIR MAXPRO (HDFWR) boards, VIR Pre-laminated Ornamental MDF/HDFWR boards, VIR Modala Ply, VIR PVC and VIR WPC boards/doorways.

Rushil Decor’s dedication to high quality, design excellence and customer-centricity distinguishes it available in the market. Pushed automated vegetation, world class German applied sciences and international requirements, Rushil Decor relentlessly creates smarter areas. The corporate ensures optimum provide chain efficiencies and useful resource utilization. Strategic native plantations additional improve price benefits in uncooked materials sourcing, permitting Rushil Decor to fulfill international market demand successfully and sustainably.

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For extra particulars, please go to: www.rushil.com.                                                               

Contact Particulars:
Parin Shah
AGM-Model Administration
Rushil Decor Restricted
parin.shah@rushil.com

Rajiv Pandya / Abhishek Dakoria
Churchgate Companions
+91 22 6169 5988
rushil@churchgatepartners.com

Statements on this doc regarding future standing, occasions, or circumstances, together with however not restricted to statements about plans and aims, the progress and outcomes of analysis and improvement, potential venture traits, venture potential and goal dates for venture associated points are forward-looking statements based mostly on estimates and the anticipated results of future occasions on present and growing circumstances. Such statements are topic to quite a few dangers and uncertainties and will not be essentially predictive of future outcomes. Precise outcomes might differ materially from these anticipated within the forward- trying statements. The corporate assumes no obligation to replace forward-looking statements to replicate precise outcomes modified assumptions or different components.

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