Resignation of Mr. Juvviguntla Sundera Sekhar (DIN: 07039521) and Appointment of Mr. Srinivas Sriramula (DIN: 02153900) and Mr. Umashankar Siddappa Kolhe (DIN: 10056550) with effect from ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nihar Info Global Ltd announced changes to its board effective September 30, 2025. Independent Director Mr. Juvviguntla Sundarasekhar resigned citing personal commitments and a wish to focus on social services, confirming no other material reasons. The board approved the appointment of Mr. Srinivas Sriramula and Mr. Umashankar Siddappa Kolhe as Non-Executive Independent Directors for a 5-year term. Both new directors are unrelated to existing board members and meet SEBI's independence criteria. Mr. Srinivas has over two decades of experience in corporate management, insurance, and merchant banking, while Mr. Umashankar brings banking sector expertise including roles at State Bank of India's fraud prevention department. Shareholders approved all changes at the AGM held on September 30, 2025.
This is a routine board refresh with no governance red flags. The one-out, two-in independent director transition is likely neutral for shareholders and the stock price.