Independent Director A. K. Kothari ceases on term completion
PILANIINVS · price
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Pilani Investment and Industries Corporation announced that Independent Director Shri A. K. Kothari will cease to be on the Board with effect from 25 July 2026, upon completion of his second consecutive five-year term. The original appointment was approved by shareholders at the AGM on 16 September 2021. His committee memberships and chairmanships will also end. The Board placed on record its appreciation for his contributions. This is a routine, scheduled cessation with no governance concerns mentioned.
Routine scheduled board change at term end. No governance concerns flagged. No material impact expected on operations or shareholders.