Appointment of Additional Independent Director approved in the Board meeting held on 13th August 2025
Awaiting price reaction for this filing.
OTCO International Limited has appointed Mr. Alok Dash as an Additional Non-Executive Independent Director on the Board, effective August 13, 2025. Mr. Dash is a Chartered Accountant with expertise in financial accounting, audit, finance, administration, and business development. The company confirmed he is not related to any existing directors, holds no shares in the company, and has no other directorships. The Board now comprises four members: Mr. Arun Dash (Chairman & Independent Director), Mrs. Bagyalakshmi Thirumalai (Whole-time Director), Mr. K R Sailesh (Non-Executive & Non-Independent Director), and the newly appointed Mr. Alok Dash.
This is a routine governance update with no material impact on shareholders. Adding a qualified Chartered Accountant to the Board strengthens financial oversight, but the small-cap nature and absence of shareholding suggest limited stock price relevance.