Appointment of Mr. Prodyut Banerjee as an Additional Non-Executive Independent Director of the Company
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Frontier Capital Ltd (Scrip Code: 508980) has appointed Mr. Prodyut Banerjee (DIN: 01971583) as an Additional Non-Executive Independent Director on its board, effective 12th May 2025. His term is for 5 years, subject to shareholder approval. Mr. Banerjee is a legal professional with over 22 years of experience, proprietor of Banerjee Law Chambers, and an empanelled arbitrator at NSE, BSE, MSEI and other Indian stock exchanges. He currently practices as an advocate at the Calcutta High Court. The company has confirmed he is not related to any existing directors, KMP, promoters, or promoter group, and is not debarred from holding directorship by SEBI or any other authority.
This is a standard independent director appointment and a routine corporate governance update. No immediate material impact is expected on the stock price or shareholder value, though it adds legal and arbitration expertise to the board.