Appointment of Mr. Ravindra Narasimha A (DIN: 02354294) as the Additional Non-Executive Independent Director of the Company.
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Skyline Ventures India Ltd has appointed two new Additional Non-Executive Independent Directors — Mr. Ravindra Narasimha A (former senior banking executive from Syndicate Bank, ING Vysya, and Axis Bank) and Ms. K V L Priyanka (HR management background). Both were appointed on January 19, 2026 and will hold office until the next general meeting or three months, whichever is earlier, subject to shareholder approval. The board committees (Audit, Nomination & Remuneration, and Stakeholders Relationship) have been reconstituted with the new directors. Importantly, the board also authorised directors to set up an interim operational structure citing 'present challenges relating to GST registration, MCA Compliances, banking arrangements and other statutory matters impacting business operations'.
The appointment of experienced independent directors is a positive governance step, but the board's own admission of GST, MCA, and banking challenges signals operational and regulatory stress that shareholders should watch closely — this could affect business continuity and stock sentiment.