Akash Infra-Projects appoints two Independent Directors

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AI summary

Board of Akash Infra-Projects approved appointing Mrs. Urvi Sachin Bhatt and Mr. Lalji Kishorji Vaghela as Non-Executive Independent Directors for five years from January 17, 2027, pending shareholder approval at the next AGM. Bhatt holds a B.Sc in Industrial Microbiology and a Diploma in Business Management with experience in Finance and CSR consulting. Vaghela is a retired Gujarat Government Executive Engineer in Roads and Buildings. Neither is related to existing directors.

Likely market impact

Strengthens the board with two new independent directors. Subject to shareholder approval. Generally positive for governance standards.