Announced Thu, 30 Apr · 16:57 IST

Appointment of Independent Director

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Khyati Global Ventures announced that Mr. Farhaad Dastoor resigned as Independent Director effective April 29, 2026, citing personal and professional commitments. He also ceased to be a member of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee. The Board appointed Mr. Amit Futarmal Jain as Additional Director in the Independent Director category for a 5-year term effective April 30, 2026, subject to shareholder approval. Mr. Jain is a Chartered Accountant with over 35 years of finance experience, including 20+ years in the mutual fund industry. All committees have been reconstituted accordingly.

Likely market impact

The board composition change appears routine with a qualified replacement appointed promptly. The new director's strong financial expertise may provide better oversight, though shareholder approval is still pending for his formal appointment.