Satia Industries Limited has informed the Exchange regarding 'Change in Directors'.
SATIA · price
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Satia Industries has informed the stock exchanges about board changes approved on August 11, 2025. The company has appointed two new Non-Executive Independent Directors — Mr. Deepak Kumar Kakkar (former PNB Country Manager/CEO in Afghanistan) and Mr. Vibhor Kapoor (CA, CFA, LLB, runs a debt syndication firm) — each for a five-year term starting August 11, 2025. Additionally, Mr. Vinod Kumar Kathuria (former Executive Director at Union Bank of India) has been re-appointed as a Non-Executive Independent Director for a fresh five-year term effective October 1, 2025. All three appointments are subject to shareholder approval. All three are independent directors with strong banking and finance backgrounds, and no relationships with existing directors have been disclosed.
This is a routine board refresh focused on strengthening the independent director lineup with experienced banking and finance professionals. No key managerial personnel changes or resignations are involved, so the impact on shareholders is neutral. The appointments remain subject to shareholder approval at the next general meeting.