Kernex Microsystems (India) Limited has informed the Exchange regarding Appointment of Mrs Parvathi Manthena as Non- Executive Director of the company w.e.f. May 29, 2026.
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Kernex Microsystems announced the appointment of Mrs. Parvathi Manthena as Non-Executive Director effective May 29, 2026, subject to shareholder approval. She is a Promoter associated with the company for over 20 years. Importantly, she is the wife of Dr. Anji Raju Manthena (Non-Executive Director) and mother of Mr. Sitarama Raju Manthena (Whole Time Director), making this a family board entry. The board meeting also approved the audited standalone and consolidated financial results for Q4 and FY 2025-26 with unmodified audit reports from NSVR and Associates LLP, and re-appointed M/s Thirupathi & Associates and M/s M P R & Associates as Cost Auditors for FY 2026-27.
This appointment increases family representation on the board from 1 to 3 family members, which could raise governance concerns for institutional investors. The financial results approval is routine and indicates normal business operations.