Aditya Birla Sun Life AMC Limited has informed the Exchange regarding the appointment/re-appointment of Directors.
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Aditya Birla Sun Life AMC's board has approved three director changes effective May 20, 2026, subject to shareholder approval. Mr. Sushil Agarwal, currently CFO of Aditya Birla Group and a director at Aditya Birla Capital Limited, is appointed as an Additional Non-Executive Director representing the promoter group. Two Independent Directors — Mr. Sunder Rajan Raman and Mr. Ramesh Abhishek — are reappointed for a second five-year term starting January 1, 2027. Notably, Mr. Raman's reappointment includes continuation past the age of 75 years, requiring a special shareholder approval. All three appointments are pending shareholder confirmation.
The appointment of a senior Aditya Birla Group CFO as a director signals stronger parent oversight at the AMC level. The reappointment of two experienced Independent Directors, including a former SEBI member and a former IAS officer, provides continuity but the age-waiver for Mr. Raman may draw minor governance scrutiny.