Re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as an Independent Director of the Company for the 2nd term
SPMLINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SPML Infra's Board meeting on May 28, 2026 approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar as a Non-Executive Independent Director for a second term of one year (June 8, 2026 to June 7, 2027). The re-appointment follows recommendation from the Nomination and Remuneration Committee and is subject to shareholder approval at the ensuing AGM. Mr. Sivashankar is a financial services professional with over 30 years of experience, formerly MD at Rohatyn Group and held senior roles at Citibank. The Board also approved the audited standalone and consolidated financial statements for Q4 and year ended March 31, 2026, with an unmodified opinion from statutory auditors Maheshwari & Associates.
The re-appointment maintains continuity in board independence and governance oversight. The qualified independent director with strong financial services background provides continued expertise. Shareholders will vote on this at the upcoming AGM.