The Members of the Compnany by way of Special Resolutions in respect of (1) Appointment of Mr. Desh Deepak Khetrapal (DIN 02362633) as a Director (Non-Executive Independent Director) and ....
MAFATIND · price
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Mafatlal Industries received shareholder approval through postal ballot (remote e-voting) on 15th April 2025 for appointing two Non-Executive Independent Directors. Mr. Desh Deepak Khetrapal (DIN: 02362633) and Dr. Archana N. Hingorani (DIN: 00028037) were appointed for an initial five-year term from 4th February 2025 to 3rd February 2030. Both resolutions passed with near-unanimous support: 99.99% in favour (about 5.10 crore votes each), with only 0.01% against (3,404 and 3,394 votes respectively). Overall, about 70.92% of outstanding shares participated in voting. Mr. Khetrapal brings over five decades of corporate experience and is currently CEO of Orient Cement, while Dr. Hingorani has over three decades in financial services and private equity and is co-founder of Siana Capital Management.
Strengthens the board with two experienced independent directors, which is a routine governance positive. No material change in business operations or shareholder value is expected from this filing.