Page Industries Limited has informed the Exchange regarding Change in Director(s) of the company.
PAGEIND · price
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Page Industries has announced changes to its board effective 27-28 May 2025. Two existing Independent Directors — Mr. Sandeep Maini and Mr. Vikram Shah — will complete their second consecutive five-year term and step down from the board on 27 May 2025. To fill these seats, the board has approved the appointment of Mr. Suresh Eshwara Prabhala and Mr. Dinesh Ramkrishin Malkani as new Independent Directors for a five-year term starting 28 May 2025, subject to shareholder approval at the next AGM. The new appointees bring strong expertise — Prabhala is a private equity veteran and co-founder of ADV Partners (~$1.25 billion AUM), while Malkani is a tech industry leader and former President of Cisco India & SAARC. Both confirm they are not barred by SEBI from serving as directors.
This is a routine board refresh — two independent directors retiring after completing their tenure and being replaced by two well-credentialed professionals with strong private equity and technology backgrounds. The transition is unlikely to materially affect operations or stock price but signals continued focus on independent oversight with fresh expertise.