Announced Sat, 26 Apr · 12:47 IST

Appointment of Independent Director as enclosed below

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ekennis Software Service Limited has appointed Mr. Abhinaya Verma (DIN: 07702951) as an Additional Director designated as Non-Executive Independent Director, effective 26 April 2025, for a term of five years, subject to shareholder approval. Mr. Verma, aged 43, is a practicing Chartered Accountant with 17 years of experience in accounts, finance, taxation, project finance, due diligence, and corporate law matters. This appointment fills the vacancy left by the resignation of Ms. Uma Krishnan as Non-Executive Independent Director, effective 12 February 2025. Mr. Verma has no relationship with existing directors, KMPs, or the promoter group, and is not debarred from holding a director position by any authority.

Likely market impact

This is a routine board reconstitution that restores the composition of independent directors after a recent resignation, with no change to management or promoter control. Investors should watch for shareholder approval of the appointment at the next general meeting.