Dear Sir/ Madam, We wish to inform you that on the basis of recommendation of Nomination & Remuneration Committee and subject to approval of the members of the company in the forthcoming Annual General Meeting, the Board of Directors of the Company in their meeting held on today i.e. 24th June, 2025 has appointed Mr. Bishwanath Choudhary holding DIN: 02313294, as an additional director in the category of Independent Director of the Company for a term of five years w.e.f. 24/06/2025.
PRITIKAUTO · price
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Pritika Auto Industries has appointed Mr. Bishwanath Choudhary (DIN: 02313294) as an Additional Director in the Independent Director category for a five-year term starting 24th June 2025. The appointment was recommended by the Nomination & Remuneration Committee and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Choudhary is around 70 years old, holds qualifications as a Fellow member of ICSI and ICMAI, is an MBA, and is a registered Insolvency Professional and Valuer with IBBI. He brings 47 years of experience in finance and corporate matters in the steel and infrastructure sectors, and currently works as a freelance consultant. The company confirmed he is not debarred from holding the position by any SEBI order and has no relation to existing Directors or Key Managerial Personnel.
This is a routine board strengthening move that adds a seasoned finance and governance professional to the board, pending shareholder approval. No material impact on share price is expected as the role is non-executive.