We wish to inform you that the Board of Directors of the Company at its meeting held today, i.e., Saturday, October 4, 2025, inter-alia, has considered and approved the appointment of Sri. ....
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The Board of Directors at its meeting on October 4, 2025 approved several key changes. Sri. Subbiah Thangaraj was appointed as Additional Director and Whole Time Director for 5 years, subject to shareholder approval. Smt. Anu Murali was appointed as Non-Executive Independent Director for a 5-year term. Sri. Vishwaa Narasiman and Sri. Rudra Narsiman were appointed as Non-Executive Non-Independent Directors. Notably, Vishwaa and Rudra are sons of existing Whole Time Director Sri. Vinod Narsiman and brothers of each other. Two directors resigned: Sri. K Ramakrishnan stepped down as Whole Time Director citing health and personal reasons, and Sri. S Varadarajan resigned as Non-Executive Director due to advancing age and health issues.
The company is seeing a significant board reshuffle with family members of an existing executive director joining the board, while two directors exit for personal health reasons. Shareholders will need to approve the 5-year appointments of the new Whole Time Director and Independent Director. The promoter family representation on the board has increased.