Liberty Shoes Appoints/Re-appoints 3 Directors for 3-Year Terms Post AGM
Liberty Shoes Limited re-appointed Sh. Piyush Dixit and Sh. Anand Das Mundhra as Independent Directors for 3 years from August 11, 2026. Sh. Raman Bansal was appointed as Executive Director for 3 years from August 10, 2026. These appointments were approved at the 40th AGM on September 29, 2026.
Changes in directorship are important for corporate governance and strategic direction, potentially impacting future performance, hence a medium impact.
The re-appointment and appointment of directors signifies stability and continued leadership, which is generally viewed positively by the market.
Liberty Shoes Limited announced the re-appointment of Sh. Piyush Dixit and Sh. Anand Das Mundhra as Independent Directors for their second term of 3 years, effective from 11th August, 2026, to 10th August, 2029. The appointments were approved by the members at the 40th Annual General Meeting (AGM) held on 29th September, 2026.
Additionally, Sh. Raman Bansal has been appointed as a Director/Executive Director for a period of 3 years, effective from 10th August, 2026, to 9th August, 2026. The company confirmed that all appointed directors are not debarred from holding office and are capable of discharging their duties. Detailed information regarding their profiles and directorships is provided as annexures.
Sh. Piyush Dixit, founder & CEO of Unicel Corporation Pvt. Ltd., brings 32 years of experience in manufacturing, automobiles, consumer durables, and telecom. Sh. Anand Das Mundhra is involved in the capital equipment business and is part of a 140-year-old group, with extensive experience in business development. Sh. Raman Bansal, associated with Liberty Shoes since 1984, has a background in footwear designing and oversees outsourcing, distribution, marketing, and retail networks.
What to do with a filing like this
Liberty Shoes Limited filed this with the NSE as a statutory disclosure, categorised under board changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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