Intimation of Appointment of Mr. Dhiraj Mishra and Mrs. Jigishaben Vinodbhai Shah as an Additional Directors in the Capacity of Independence on the Board of the Company.
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Nanavati Ventures Ltd has informed the stock exchanges about the appointment of Mr. Dhiraj Mishra and Mrs. Jigishaben Vinodbhai Shah as Additional Directors in the capacity of Independent Directors on the Board of the Company. The appointments are being made to strengthen the board with independent oversight. Additional details regarding their tenure and committee roles may follow in subsequent disclosures.
The induction of two independent directors is a routine corporate governance step and may enhance board independence. It is unlikely to have a material short-term impact on the stock price.