Appointment of Mrs. Shobha Prasad (DIN: 11012990) as on Additional Director (Independent Director) of the company w.e.f 30th January, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Akar Auto Industries Ltd has appointed Mrs. Shobha Prasad as an Additional Director (Independent Director) effective 30th January, 2026, for a 5-year term until 29th January, 2031. The appointment was approved by the Board via circular resolution dated 31st January, 2026, on the recommendation of the Nomination and Remuneration Committee, and is subject to shareholder approval through a Special Resolution via Postal Ballot. Mrs. Prasad is a former Indian Ordnance Factory Service (IOFS) officer who cleared the UPSC Civil Services Examination in 1990 and brings experience in public administration and governance. She currently serves as a Director at Trustwell Labs, a food testing start-up, and holds no other directorships in listed companies. She is not related to any existing director on the board and is not debarred from holding a directorship by any SEBI order.
This is a routine board-level governance appointment that strengthens the company's independent director bench with an experienced former civil services officer. It is unlikely to materially move the stock price but reflects compliance with SEBI's independent director requirements.