Appointment of Mr. Sundeep Reddy Molakala (DIN: 07302447) as an Additional Director ( Non- Executive, Independent) of Company
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Nettlinx Limited has appointed Mr. Sundeep Reddy Molakala (DIN: 07302447) as an Additional Director in the Non-Executive, Independent category. The appointment is for a 5-year term running from July 24, 2025 to July 23, 2030, and is pending shareholder approval. Mr. Molakala brings over 20 years of leadership experience in the Manufacturing and Telecom sectors. He is not related to any existing Director, Key Managerial Personnel, or Promoter of the company, and currently holds no equity shares in Nettlinx. The board has confirmed he is not debarred from holding directorship by SEBI or any other authority.
This is a routine board strengthening announcement and is unlikely to materially move the stock. It enhances independent oversight on the board, which is generally viewed positively by investors focused on governance.