Associated Ceramics Ltd said in a BSE filing dated October 2, 2026, that shareholders approved the appointment of Umang Agarwal as executive director at its 56th annual general meeting on September 30, 2026. Shareholders also approved a revision in the overall managerial remuneration payable to the company’s directors.

Agarwal’s appointment covers a five-year term from September 30, 2026, to September 30, 2031, with his office liable to retirement by rotation. The company disclosed the shareholder decisions under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The AGM took place at 3 pm at the company’s factory office on Rice Mill Road, also identified in the filing as Ganja Gali, in Chirkunda, Dhanbad. The disclosure identifies Associated Ceramics by its BSE scrip code 531168.

Appointment terms and board process

The annexure accompanying the filing said the board had approved Agarwal’s appointment based on the recommendation of the Nomination and Remuneration Committee. It described the appointment entry as regularisation for the stated five-year period.

  • Umang Agarwal, identified by DIN 01471894, will serve as executive director.
  • His appointment is subject to retirement by rotation, as specified in the shareholder approval disclosure.
  • The company stated that he is not debarred from holding a director’s office by any SEBI order or an order of another authority.

In its relationship disclosure, Associated Ceramics said Agarwal is not related to any company director except Arun Agarwal and Sharad Agarwal. The filing did not specify the nature of those relationships.

Remuneration revision also approved

The second shareholder decision concerned a revision in overall managerial remuneration payable to directors. The supplied disclosure does not state the revised amount, a percentage change or individual remuneration allocations.

The brief profile accompanying the appointment refers to Agarwal’s experience across business activities and planning. It does not provide details of previous positions or qualifications.

Managing Director Arun Agarwal signed the submission to BSE. The company’s correspondence address in the filing is in Kolkata.