Prostarm Info Systems Limited has informed the Exchange regarding Change in Director(s) of the company.
PROSTARM · price
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Prostarm Info Systems Limited has approved a revision in the terms and remuneration of its existing Whole-Time Director, Mr. Raghu Ramesh Thammannashastri (DIN: 03331642). His new term runs for three years, from October 1, 2025 to September 30, 2028. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Thammannashastri holds over 37 years of experience in sales, marketing, and operations, and has been associated with companies like Alacrity Foundations, Cotmac, Shidore-Microsys, and Sietecs. He is not related to any existing directors or key managerial personnel and has confirmed he is not debarred from capital markets.
This is a routine reappointment of an existing director with revised pay terms, requiring shareholder nod. It does not signal any leadership change, governance concern, or strategic shift, and is unlikely to materially affect the stock price.