The Company at its meeting held today i.e., May 27, 2026 has appointed Mr. Sukhen Pal Babuta as Additional Director (Non Executive Independent Director) of the Company.
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Prevest Denpro Ltd's Board has appointed Mr. Sukhen Pal Babuta as Additional Director in the capacity of Non-Executive Independent Director effective May 27, 2026. The appointment is for a term of five years and is not liable to retire by rotation, but is subject to approval by the company's shareholders. Mr. Babuta is a Chartered Accountant since 1987, an insolvency professional registered with the Insolvency and Bankruptcy Board of India, and previously served as a director on the board of Punjab & Sind Bank. The company has confirmed that Mr. Babuta is not related to any existing directors, key managerial personnel, or promoters, and is not debarred from holding the office of Director by any SEBI order.
This is a routine board strengthening exercise with no immediate impact on stock price. Shareholders will vote on the appointment at the next general meeting.