Affle 3i Limited has informed the Exchange regarding Change in Director(s) of the company.
AFFLE · price
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Affle 3i Limited's board, at its meeting on May 10, 2025, approved the appointment of Dr. Simon Arthur Chesterman and Mr. Piyush Gupta as Additional Directors (Independent) for a two-year term effective May 11, 2025, subject to shareholder approval. Dr. Chesterman is a senior academic and AI governance expert at the National University of Singapore, with a background in international law. Mr. Piyush Gupta is the founder of Kenro Capital and a former Sequoia India (Peak XV) partner, with 17 years of tech investment banking experience at Morgan Stanley and Deutsche Bank. Neither director is debarred by SEBI or any other authority, and neither is related to any existing director on the board.
The appointments add AI/policy and capital markets expertise to the board, which is generally viewed positively by investors. The changes are incremental and not expected to materially affect operations or stock price in the short term.