Appointment of Mr. Vijay Chugh (DIN: 07112794) and Mr. Subroto Chattopadhyay (DIN: 00087730) as Additional and Independent Directors of the Company.
Awaiting price reaction for this filing.
Inditrade Capital has appointed Mr. Vijay Chugh and Mr. Subroto Chattopadhyay as Additional and Independent (Non-Executive) Directors for a five-year term from May 28, 2025 to May 27, 2030, subject to shareholder approval at the next AGM. Mr. Chugh is a former Reserve Bank of India official with experience in banking supervision, payment and settlement systems, and core banking solutions. Mr. Chattopadhyay brings senior leadership experience from Brooke Bond, ITC, PepsiCo South Asia, RPG Enterprises, and was formerly Managing Director of HMV. The filing confirms neither appointee is debarred by SEBI nor related to any existing director, KMP, or promoter of the company.
Adds two independent directors with strong financial services and corporate leadership backgrounds, which is a mildly positive governance signal for shareholders. Routine in nature and unlikely to cause immediate share price movement, pending AGM approval.