Board approves two five-year director re-appointments, subject to shareholder approval
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The board approved promoter Vikram Somany's re-appointment as chairman and managing director for five years from July 1, 2027. It also approved Anandh Sundar's re-appointment as an independent director for a second five-year term from February 12, 2027. Both require shareholder approval.
Board continuity is maintained with no immediate leadership change. Final effectiveness depends on shareholder approval.