Dhananjay Mirlay Srinivas appointed Managing Director for five years
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After founder and Managing Director Sukumar Srinivas died on 30 October 2026, the board appointed Dhananjay Mirlay Srinivas as Managing Director from 1 November for five years. He has worked in a senior management role since 2020 and has been a director since May 2025. The appointment needs shareholder approval by postal ballot and other approvals. He holds 81,050 shares.
The planned internal succession may reduce management disruption after the founder's death, but the appointment remains subject to shareholder approval.