IVP Limited has informed the Exchange regarding Change in Director(s) of the company.
IVP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IVP Limited informed the exchanges that shareholders at its 96th Annual General Meeting held on July 31, 2025, approved the appointment of Mr. Rajkumar Lekhwani (DIN: 10652214) as a Non-Executive Director, liable to retire by rotation. He was initially appointed as an Additional Director by the Board through a circular resolution on June 6, 2025, subject to shareholder approval. Mr. Lekhwani is a 49-year-old Chartered Accountant with over 24 years of experience, including a 14-year stint at Procter & Gamble and senior roles at ACG and Crompton Greaves. The company clarified that he is not related to any existing Directors or Key Managerial Personnel and is not debarred or disqualified under Section 164 of the Companies Act, 2013.
This is a routine regulatory formality converting an Additional Director's board-level appointment into a regular one with shareholder backing. It is unlikely to have any material impact on the stock price, as it simply completes a process already approved by the board in June 2025 and brings a finance professional with strong corporate finance and IPO-readiness expertise onto the board.