The Board of Directors on the recommendation of Nomination and Remuneration Committee appointed Shri Sushil Kumar Luthra having DIN 08483203 as an Additional (Independent) Director.
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The Board of Directors, on recommendation of the Nomination and Remuneration Committee, has appointed Shri Sushil Kumar Luthra (DIN: 08483203) as an Additional Non-Executive Independent Director, effective 28th May 2026. His term as Independent Director is proposed for five years, subject to shareholder approval. Luthra is a distinguished railway professional with over 32 years of experience, having served as Chief Administrative Officer at Diesel Modernisation Works, Patiala, and held key positions including Divisional Railway Manager, Jabalpur. He is not related to any director and meets independence criteria under the Companies Act, 2013 and SEBI LODR. He is not debarred from holding the office of Director.
Appointment strengthens the board with experienced independent oversight. No immediate share price impact expected; positive governance signal as independent director adds domain expertise in railways and supply chain.