Jai Corp streamlines structure, appoints new independent director

Jai Corp Limited's board of directors met on November 22, 2025, to approve key strategic initiatives. Among the decisions was the closure and liquidation of Jaicorp Welfare Limited, a wholly-owned, un-listed, non-material subsidiary. This move aims to streamline the company's group structure, reduce legal and regulatory compliances, and rationalize costs by eliminating redundant administrative functions, with no material impact on the company or its subsidiaries.

The board also appointed Amit Kumar Mundra as an independent director, effective November 23, 2025. Mundra will serve on the Audit Committee, the Corporate Social Responsibility Committee, and the Business Responsibility and Sustainability Committee.