Announced Fri, 2 May · 09:02 IST

This is to inform you that Board of Directors of the company has approved and passed the resolution by way of circulation for appointment of Mr. Aman Marodia (DIN: 08794697) as an additional ....

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Advance Metering Technology Ltd approved the appointment of Mr. Aman Marodia (DIN: 08794697) as an Additional Non-Executive Independent Director for a 5-year term starting 03-05-2025, subject to shareholder approval. Mr. Marodia is a Chartered Accountant with over 5 years of experience and holds qualifications including DISA, IBBI Registered Valuer, and NISM certifications. Separately, Mrs. Priya Somaiya (DIN: 07173195) retired as Independent Director upon the completion of her second 5-year term on 04-05-2025. The Board also reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship Committees effective 04-05-2025, with Anil Kumar Rustogi taking over as Chairperson in all three committees, replacing Mrs. Somaiya.

Likely market impact

This is a routine governance transition with no material impact on operations or shareholders. The change replaces one independent director with another and rebalances committee leadership, maintaining compliance with listing requirements.