Quick Heal Technologies Limited has informed the Exchange regarding Appointment of SANJAY KATKAR as Managing Director of the company w.e.f. April 01, 2025.
QUICKHEAL · price
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Quick Heal Technologies has informed the stock exchanges that shareholders approved the re-appointment of Mr. Kailash Katkar as Chairman and Managing Director and Mr. Sanjay Katkar as Joint Managing Director at an Extraordinary General Meeting held on June 20, 2025. Both appointments are effective April 1, 2025, and run for a term of five years. The two are brothers and co-founders who have been with the company since its incorporation, with Kailash having led Quick Heal to its 2016 IPO. Note: the NSE headline describes Sanjay as Managing Director, but the actual filing designates him as Joint Managing Director, with Kailash as Chairman and Managing Director.
This is a continuity move for the promoter-led leadership with no management change, which is generally neutral for shareholders. The five-year term provides stability but keeps decision-making concentrated within the founding Katkar family.