Re-appointment of Mr. Bhavesh Doshi as Independent Director for second tenure
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Mukesh Babu Financial Services Ltd has re-appointed Mr. Bhavesh Doshi as an Independent Director for a second tenure of 5 years, effective August 28, 2025. The re-appointment was recommended by the Nomination and Remuneration Committee and approved by the Board on July 30, 2025, subject to shareholder approval. Mr. Doshi has over 30 years of experience in capital markets and investment, and has been serving on the board since August 28, 2020. He is not related to any other director on the board and is not debarred from holding office by SEBI or any other authority.
This is a routine governance update ensuring board continuity with an experienced independent director. No material impact on shareholders or stock price is expected from this re-appointment.