Announced Wed, 2 Sept · 19:01 IST

Nexus Surgical appoints Anish More as Additional Director, proposes him as MD

Ceo Appointed ExternalManagement Changes View source PDFExplain this filing

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AI summary

The Board appointed Mr. Anish More (DIN 11070098) as Additional Director (Executive) with effect from close of business on 2nd September 2026. Board also proposed his appointment as Managing Director for 3 years till 1st September 2029, subject to member approval at the upcoming 35th AGM. He is not related to any existing Director or KMP, and is not debarred by SEBI. Proposed remuneration is Rs 24 Lakhs per annum, flagged as given the company reported inadequate profits under Schedule V. He holds an M.S. from UC Riverside and is co-founder of healthcare tech venture Saans AI.

Likely market impact

New MD brings tech and AI background to a surgical and medicare company. Modest salary of Rs 24L given inadequate profits. AGM member approval pending.