Announced Mon, 16 Jun · 13:05 IST

Pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing and Obligations and Disclosure Requirements) Regulations, 2015 ("Listing ....

Management Changes View source PDF

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AI summary

Caspian Corporate Services Ltd's board, meeting on 16th June 2025, approved the appointment of Mr. Mukesh Trivedi (DIN: 11154252) as an Additional Non-Executive Independent Director for a five-year term, pending shareholder approval via postal ballot. Mr. Trivedi is a 38-year-old Chartered Accountant with over 12 years of experience in tax and statutory audit and is not related to any existing directors. The board also reconstituted three key committees — Audit, Nomination and Remuneration, and Stakeholders Relationship — with Mr. Trivedi named Chairperson of all three. A postal ballot process has been initiated with e-voting scheduled between 20th June and 19th July 2025.

Likely market impact

This is a routine governance update with no major financial impact. Shareholders will vote on confirming the new Independent Director's appointment over the coming weeks; the reconstitution gives the new director significant oversight influence across all three committees.