Intimation under regulation 30 of LODR in regards to reappointment of Mr. Arihant Patni as whole time director of the company wef 29.03.2026 to 28.03.2031 which is subject to approval by ....
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The Board of Directors of Octal Credit Capital Ltd has approved the reappointment of Mr. Arihant Patni (DIN: 07210950) as Whole Time Director for a period of 5 years, effective from March 29, 2026 to March 28, 2031. Mr. Patni, aged 34, is a B.Com graduate with 13 years of experience in Finance & Banking, and has been on the board since March 29, 2016. The reappointment is subject to approval by the Members of the Company at the ensuing General Meeting. He is the nephew of Mr. Dilip Kumar Patni and Mrs. Vandana Patni, and currently holds directorship in 7 other companies. He holds nil equity shares in the company and is not debarred from holding directorship by any authority.
This is a routine reappointment of an existing executive director, requiring shareholder approval at the next general meeting. Investors should note the family connection with other directors/KMPs and review the remuneration terms when disclosed. No immediate material impact on stock price is expected.