Ludlow Jute appoints Awanti Kumar Kankaria as Chairman Emeritus with Rs 12,00,000 monthly pay Back
Ludlow Jute & Specialities Limited announced the appointment of Mr. Awanti Kumar Kankaria as Chairman Emeritus, effective August 12, 2026, subject to shareholder approval at the company’s upcoming Annual General Meeting. The appointment, which includes remuneration of Rs 12,00,000 per month, recognizes Mr. Kankaria’s experience in the jute sector, and he is a significant beneficial owner of the company through Panchjanya Distributors Private Limited, which holds 67.21% of the equity share capital.