Krishna Institute of Medical Sciences Limited has informed the Exchange regarding Appointment of Mr Y Prameela Rani as Non- Executive Independent Director of the company w.e.f. May 12, 2025.
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Krishna Institute of Medical Sciences Limited (KIMS) has re-appointed Mrs. Y. Prameela Rani as a Non-Executive Independent Director for a further period of 5 years, effective May 19, 2025. The decision was taken by the Board of Directors at its meeting on May 12, 2025, based on the recommendation of the Nomination and Remuneration Committee. Mrs. Prameela Rani has confirmed she meets the independence criteria under the Companies Act, 2013 and SEBI LODR regulations, and has not been debarred from holding office as an Independent Director. She is an MBA and CAIIB qualified professional with 36 years of banking experience at Andhra Bank, having held senior roles including General Manager and Zonal Manager.
This is a routine governance announcement with likely neutral impact on the stock. The re-appointment of an experienced independent director ensures continuity on the board and is generally viewed positively by investors focused on governance quality.