Appointment of Mr. Rohith Loka Reddy as Managing Director of the company
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Nettlinx Limited has appointed Mr. Rohith Loka Reddy (DIN: 06464331) as Additional Director and Managing Director effective 10th May 2025, for a 5-year term up to 9th May 2030, subject to shareholder approval. This follows the resignation of Dr. Manohar Loka Reddy as Managing Director on the same date. Mr. Rohith is the son of Dr. Manohar and is a promoter of the company, indicating a promoter-family succession at the top. He is a CFA charterholder and FRM-certified, with prior experience at Manulife managing a $20 billion portfolio, and currently runs the family broking firm Northeast Broking Services and his own NBFC EzFinanz. He has also served as a Director at ANMI (Association of National Exchanges Members of India).
This is a leadership transition from the founder MD to the next generation of the promoter family, which brings in a younger professional with strong finance credentials but means the reins stay within the family. Existing shareholders may see this as continuity rather than a strategic shift, though the new MD's finance background could signal a sharper focus on capital allocation and growth.