Appointment of Mr. Ajay Kumar Shrivastav as Whole Time Director and Occupier of the Company w.e.f 19.09.2025
Awaiting price reaction for this filing.
Videocon Industries has appointed Mr. Ajay Kumar Shrivastav (DIN: 11151810) as Whole Time Director for a period of one year, effective September 19, 2025. He has also been designated as the 'Occupier' of the company's factory in Shahjahanpur. The appointment was approved by the Committee of Creditors at its 49th meeting held on May 7, 2025. Mr. Shrivastav, aged 52, is a graduate with over 25 years of experience in finance and administration, and has been working with the Videocon Group since 2010, currently serving as Deputy General Manager. The filing was signed by Abhijit Guhathakurta, the Resolution Professional, as the company remains under the Corporate Insolvency Resolution Process since 2018.
This is an internal management elevation during the ongoing insolvency resolution process, unlikely to materially affect shareholders. It reflects operational continuity rather than a strategic shift, and the appointment is for a short one-year term subject to CoC oversight.