Prince Pipes Re-appoints Chairman, MD, Joint MD, Executive Director & Auditors
Prince Pipes and Fittings Limited announced the re-appointment of key leadership and auditors at its 39th AGM on September 16, 2026. Mr. Jayant S. Chheda (Chairman & MD), Mr. Parag J. Chheda (Joint MD), and Mr. Vipul J. Chheda (Executive Director) were re-appointed for three-year terms starting August 21, 2026. M/s. N.A. Shah Associates LLP. were re-appointed as Statutory Auditors for five years.
The re-appointment of the Chairman, Managing Director, Joint Managing Director, Executive Director, and Statutory Auditors for significant terms provides stability to the company's operations and governance. This continuity is important for strategic planning and execution, thus having a medium impact.
The re-appointment of key management and statutory auditors indicates stability and continuity within the company's leadership, which is generally viewed positively by the market.
Prince Pipes and Fittings Limited announced that its members, at the 39th Annual General Meeting (AGM) held on Wednesday, September 16, 2026, approved the re-appointment of key management personnel and statutory auditors.
Mr. Jayant S. Chheda has been re-appointed as the Chairman and Managing Director for a period of three years, commencing from August 21, 2026, to August 20, 2029. Mr. Chheda brings over five decades of experience in the plastic industry and has been instrumental in the company's growth. He is the father of Mr. Parag J. Chheda and Mr. Vipul J. Chheda.
Mr. Parag J. Chheda has been re-appointed as the Whole Time Director, designated as Joint Managing Director, for the same three-year term from August 21, 2026, to August 20, 2029. He holds an associate degree in business administration and possesses over 32 years of industry experience. He is the son of Mr. Jayant S. Chheda and brother of Mr. Vipul J. Chheda.
Mr. Vipul J. Chheda has also been re-appointed as a Whole Time Director, designated as Executive Director, for a three-year term from August 21, 2026, to August 20, 2029. He has over 29 years of experience in the piping industry, focusing on project sales, marketing, and business development. He is the son of Mr. Jayant S. Chheda and brother of Mr. Parag J. Chheda.
Furthermore, M/s. N.A. Shah Associates LLP., Chartered Accountants, have been re-appointed as the Statutory Auditors for their second term of five consecutive years. This reappointment will be effective from the conclusion of the 39th AGM until the conclusion of the 44th AGM. The firm is a registered Chartered Accountant firm with ICAI.
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Prince Pipes And Fittings 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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