Indian Terrain Fashions Limited has informed the Exchange regarding Outcome of Board Meeting held on April 21, 2026.
INDTERRAIN · price
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The Board of Directors appointed Mr. J Suresh as an Additional Independent Director for a 5-year term, subject to shareholder approval within 3 months. The Board also re-appointed Mr. Venkatesh Rajagopal as Executive Chairman and Mr. Charath Ram Narsimhan as Managing Director & CEO, both for 3-year terms effective 8th August 2026, with revised remuneration pending shareholder approval. Both re-appointments are extensions of existing leadership. The Audit Committee and Nomination & Remuneration Committee were reconstituted, with Mr. J Suresh added as a member to both committees. Shareholder voting will be conducted via postal ballot.
The appointment of a new independent director strengthens board independence, while continuity in leadership through re-appointments provides stability. Shareholder approval will be required for all appointments via postal ballot.