Announced Wed, 3 Jun · 17:46 IST

This is to inform that the shareholders of the Company have approved reappointment of Mr.Ravi Srinivasan (DIN:07193935) as an Independent Director of the Company for a second term of 5 years.

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Price reaction · full curve 14 horizons · vs prior close
-5.1%1-day move
₹40.10
prior close
₹41.35
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AI summary

Odyssey Technologies Limited informed BSE that shareholders, at the 36th Annual General Meeting held on June 3, 2025, approved the reappointment of Mr. Ravi Srinivasan (DIN: 07193935) as an Independent Director via Special Resolution. This is his second term and will run for five consecutive years, from 1st November 2026 to 31st October 2031. Mr. Srinivasan is a retired Indian Revenue Service officer (1978 batch) who superannuated in 2014 as the Principal Chief Commissioner of Income Tax, with over 35 years of experience in tax administration, investigation, and corporate accounts. He is not related to any existing directors or key managerial personnel, and is not debarred by SEBI or any other authority.

Likely market impact

This is a routine governance event with no material impact on the stock price. The continuation of an experienced independent director with deep tax and regulatory expertise should be viewed positively for board continuity and governance stability.