Major board reshuffle: new MD appointed, four directors resign

Reliable Ventures India had a major board reshuffle on July 15, 2026. Mr. Sivanag Vasireddy was appointed as Additional Director and Managing Director for 3 years. Two new Non-Executive Directors (Mr. Chennupati Sarath Kumar and Mr. Pradhip Kumar Gogula) and one Independent Director (Ms. Tirumalla Sai Navya, 5-year term) were also appointed. Meanwhile, Managing Director Mr. Sikndar Hafiz Khan, Director Ms. Sanober Bano, and two Independent Directors Mr. Guntupalli Siva Rama Krishna and Mr. Gopinathan Panchena resigned. All new appointments need shareholder approval.