Appointment of Mr. Rakesh (DIN : 11331598) as an additional Director in Independent Capacity
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My Money Securities Ltd has appointed Mr. Rakesh (DIN: 11331598) as an Additional Director in Independent Capacity on its board. The appointment is for a period of five years with effect from 29 January 2026, and remains subject to shareholder approval. Mr. Rakesh is a qualified Company Secretary and law graduate (LLB) with over a decade of experience in corporate governance, regulatory compliance, IPO preparation, and SEBI/BSE-related matters across listed, public, and private companies. The disclosure confirms he is not debarred from holding directorship by any SEBI order and has no inter-se relations with existing board members. The intimation was signed by Managing Director Vikas Seth.
This is a routine board-level addition that brings in compliance and governance expertise, which may strengthen the company's regulatory practices. There is no immediate material impact on shareholders or the stock price, as the appointment still requires shareholder approval.