Cerebra Integrated Technologies Limited has informed the Exchange regarding 'Sub: Intimationunder Regulation 30 of Securities and Exchange Board of India(Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBILODR Regulations ) A ppointment of D i rector'.
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Cerebra Integrated Technologies has informed the stock exchanges that Mr. Jignesh J. Mehta (DIN: 03079663) has been appointed as an Additional Director in the category of Non-Executive Non-Independent Director, effective July 9, 2025, for a term of 5 years subject to shareholder approval. The company is correcting an earlier filing that had inadvertently listed him as an Independent Director, when in fact his correct designation is Non-Executive Non-Independent Director. Mr. Mehta has over 30 years of experience in strategy, financial management, and capital markets, and currently serves as a key leader at Leo Dry Fruits & Spices Trading Limited. He is not debarred from holding office by SEBI or any other authority, and is not related to any existing director on the board.
The appointment itself is routine, but the correction from 'Independent' to 'Non-Independent' is a mild governance red flag — it means shareholders will have one fewer independent director on the board than originally reported. Investors should watch for the shareholder approval outcome and the composition of the audit and nomination committees going forward.