Intimation pursuant to Regulation 30 of SEBI (LODR) Regulation 2025, Appointment of Additional Non executive Independent Director on the Board meeting held on 13th August 2025
Awaiting price reaction for this filing.
OTCO International Ltd has appointed Mr. Alok Dash as an Additional Non-Executive Independent Director on its board, with the appointment effective August 13, 2025. Mr. Dash is a Chartered Accountant with expertise in financial accounting, audit, finance, administration, and business management. He holds no shares in the company, is not related to any existing directors, and is not debarred by SEBI or any authority from holding directorship. With this addition, the board now comprises four members, including two independent directors, one whole-time director, and one non-executive non-independent director.
This is a routine regulatory compliance update that strengthens the board with an independent director who brings strong financial and audit expertise. It is unlikely to have any material impact on the stock price or shareholder value in the short term.