ETHOSLTDBSEEthos LtdMediumNeutral
Announced Tue, 12 May · 14:23 IST

Appointment of Mr. Munish Gupta as the Additional Director (in the category of Executive Director), with effect of May 12, 2026.

Management Changes View source PDF

ETHOSLTD · price

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Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹2352.00
prior close
₹2450.20
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AI summary

Ethos Ltd has appointed Mr. Munish Gupta as Additional Director in the category of Executive Director, effective May 12, 2026. His term is for 3 years until May 11, 2029, subject to shareholder approval. Mr. Gupta is a Chartered Accountant with an Executive MBA from IIM Ahmedabad and a Diploma in IFRS from ACCA. He brings over 20 years of diverse experience across construction, hospitality, IT/travel, startup, and FMCG sectors, with expertise in finance, business operations, M&A, fund raise, and strategic management. The appointment was recommended by the Nomination and Remuneration Committee and confirmed that he is not debarred from holding a director position.

Likely market impact

Addition of an experienced finance and operations professional to the board, pending shareholder approval. This is a routine board expansion rather than a replacement, suggesting the company is strengthening its leadership team.