NIBE Limited confirms appointment of Rajagopalan Madhavan as Independent Director
NIBE · price
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NIBE Limited has confirmed the appointment of Mr. Rajagopalan Madhavan as an Independent Director for a 5-year term effective March 25, 2026. Members approved this via special resolutions through a postal ballot declared on June 19, 2026. He is not liable to retire by rotation and is not debarred by SEBI. Madhavan is a Mechanical Engineer from NIT Raipur and M.Tech from IIT Madras, and is the former Chairman and Managing Director of Hindustan Aeronautics Limited. He is not related to any existing director.
Brings a senior ex-HAL chief onto the board in an independent role; routine governance update with no material impact on operations.