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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Jigar Cables Ltd

Jigar Cables Ltd approves director remuneration for 3 years

MANAGEMENT ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 01 Sep 2026, 12:43 PM IST  ·  BSE ID: 20628407-436a-4bf0-a6c0-33f7ca7e4286
View Original BSE Filing (PDF)
💡
In Simple Terms
The company board approved paying a director up to Rs. 12 Lakhs annually for three years and wants shareholders to approve his continued directorship.
🤖 AI Summary
  • Board approves director remuneration of up to Rs. 12,00,000 per annum for 3 years.
  • Remuneration for Shri Parshottambhai Laljibhai Vaghasiya covers September 2026 to September 2029.
  • Director to continue beyond age of 78, subject to member approval at AGM.
  • Nomination and Remuneration Committee recommended the approval.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Director Remuneration
Rs. 12,00,000/- per annum
Remuneration Period
Three (3) years
Director's Age
78 years
🏢 How This Affects the Company
💰
Financial Impact
The approved remuneration of up to Rs. 12,00,000 per annum represents an incremental annual expense for the company, subject to member approval.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must attend the ensuing Annual General Meeting to vote on the continuation of the director and the approved remuneration.
👤
Who Is Affected
All shareholders of Jigar Cables Ltd will be affected as they hold voting rights on director appointments and remuneration.
🔍
Management Signal
Management signals a desire to retain experienced directorship, even at an advanced age, contingent on shareholder consent.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Notice for the upcoming Annual General Meeting.
Voting results from the AGM on director remuneration.
Subsequent financial disclosures impacting profitability.
MEDIUM RISK Subject to member approval, potential shareholder dissent on director age and remuneration.
💡 Investor Takeaway
Jigar Cables Ltd board approved up to Rs. 12,00,000 per annum remuneration for a director for 3 years, subject to member approval.
⚖️ Strengths & Concerns

✅ Positives

  • Board approval for director remuneration indicates continued leadership commitment.

⚠️ Concerns

  • Remuneration requires member approval, introducing a potential governance hurdle.
  • Director continuation beyond 78 years of age may raise age-related concerns for some investors.
❓ Frequently Asked Questions
What is the approved remuneration for the director at Jigar Cables Ltd?
The Board of Directors approved a remuneration of up to Rs. 12,00,000/- per annum for Shri Parshottambhai Laljibhai Vaghasiya.
For how long is the director's remuneration approved?
The remuneration is approved for a further period of three (3) years, commencing from September 29, 2026, to September 28, 2029.
What is the director's age, and what is the implication?
The director, Shri Parshottambhai Laljibhai Vaghasiya, has attained the age of 78 years. His continuation as director is subject to member approval.
Who recommended the payment of remuneration to the director?
The Nomination and Remuneration committee recommended the payment of remuneration to Shri Parshottambhai Laljibhai Vaghasiya.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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