As attached
Awaiting price reaction for this filing.
Kashyap Tele-Medicines Limited held a Board Meeting on July 21, 2025, and approved several key management changes. The company appointed Ms. Varsha Sawant as Company Secretary and Compliance Officer, and Mr. Anirudh Shah as the new Chief Financial Officer. Three new Additional Directors were appointed as Non-Executive Independent Directors: Mr. Hardik Bauva (a Chartered Accountant with 13 years of experience, including at KPMG affiliate BSR & Co LLP), Mr. Hiren Mehta (a lawyer with over 30 years of practice), and Mr. Mandar Jain (a corporate law and compliance professional). All director appointments are subject to shareholder approval. The Board also reconstituted three key committees — Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee — with the newly appointed independent directors.
This is a significant governance overhaul with a new CFO, new Company Secretary, and three new independent directors, suggesting efforts to strengthen compliance and financial oversight. Shareholders will need to approve the new independent director appointments at the next general meeting. The changes may signal a turnaround or restructuring push, though no business or financial details were disclosed.