CL Educate Limited has informed the Exchange regarding Appointment of Piyush Sharma as Non- Executive Independent Director of the company w.e.f. July 05, 2025.
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CL Educate Limited has re-appointed Mr. Piyush Sharma (DIN: 08759840) as a Non-Executive Independent Director for a second term of five consecutive years, from July 17, 2025 to July 16, 2030. The re-appointment was approved by the Board on July 05, 2025, based on the recommendation of the Nomination, Remuneration and Compensation Committee, and is subject to shareholder approval by way of a Special Resolution. Mr. Sharma, aged 58, has been on the board since July 17, 2020. He holds a PhD in Marketing from Nanyang Technological University, an MBA from IIM-Bangalore, and currently serves as John Curtin Distinguished Professor at Curtin University, Australia, with over 22 years of academic experience. He is not related to any director on the board and has confirmed he is not debarred from holding a directorship under any SEBI order.
This is a routine governance announcement involving the continuity of an existing independent director. It is neutral for shareholders and unlikely to have a material impact on the stock price. The re-appointment still requires shareholder approval at a general meeting.