Announced Fri, 3 Oct · 16:31 IST

Appointment of MR. Shivkumar Verma as Non-Executive Director

Management Changes View source PDF

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AI summary

Cressanda Railway Solutions Ltd has appointed Mr. Shivkumar Shivbadan Verma (DIN: 06948640) as a Non-Executive Director with effect from October 3, 2025. He will also serve as a member of the Corporate Social Responsibility Committee and Risk Management Committee. The appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. Mr. Verma has a commerce background with experience in IT and education sectors, having held roles such as MKCL Coordinator, IT Administrator, and System Analyst. No relationship with existing directors has been disclosed, and he is not debarred from holding directorship by SEBI or any other authority.

Likely market impact

This is a routine board-level addition with no immediate material impact on the stock price. The appointment brings in an additional independent perspective to the board and strengthens the CSR and Risk Management committees.