5Paisa Capital Limited has informed the Exchange regarding Change in Director(s) of the company.
5PAISA · price
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5Paisa Capital's Board, at its meeting on May 1, 2025, approved three items. First, the re-appointment of Mr. Ravindra Babu Garikipati as a Non-Executive Independent Director for a 5-year term starting September 3, 2025, subject to shareholder approval. Mr. Garikipati is a seasoned technology leader with prior roles as CTO at Flipkart and President/CTO at [24]7.ai, and brings over three decades of experience. Second, M/s. A N S A & Associates LLP, a GRC and consulting firm established in 1981, was appointed as Internal Auditor for FY 2025-26. Third, M/s. Nilesh Shah & Associates, a practicing company secretary firm since 2003, was appointed as Secretarial Auditor for a 5-year term from April 1, 2025 to March 31, 2030, also subject to shareholder approval.
This is a routine governance update with no material impact on shareholders. The re-appointment of an experienced independent director and fresh auditor appointments reflect standard compliance with SEBI listing requirements and are unlikely to move the stock price.