Dear Sir, Please find attached intimation for re appointment of Independent Director.
PGHL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Procter & Gamble Health Ltd has announced the re-appointment of Mr. S. Madhavan as Independent Director for a second term of five years, from November 15, 2026 to November 14, 2031. The Board of Directors approved this re-appointment based on the recommendation of the Nomination & Remuneration Committee. The appointment is subject to shareholder approval at the upcoming general meeting. The company has confirmed that Mr. Madhavan meets the independence criteria under Section 149 of the Companies Act, 2013 and the SEBI Listing Regulations. He does not hold any shares in the company and is not related to any other directors.
This is a routine corporate governance action indicating continuity in board independence. The re-appointment maintains board stability and expertise without any material impact on shareholders. The stock is unlikely to see any significant reaction to this announcement.