Intimation of Completion of the tenure of the Independent Director
SURYALAXMI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company announced that Sri Dhruv Vijai Singh will complete his second term as Independent Director on 27th July 2026, as per regulatory tenure limits. The Board simultaneously appointed Sri Venkata Phani Kiran Kumar Immaneni as an Additional Independent Director for 5 years starting 27th July 2026. Immaneni is a banking veteran with 33 years of experience including 15 years in China/Hong Kong. The filing also includes Q4 and FY 2025-26 audited financial results with unmodified audit opinion, no equity dividend recommendation, preference share dividend waiver, and redemption of 2,00,000 preference shares worth Rs 2 crores.
The transition is smooth with a replacement director already appointed, minimizing governance disruption. The company maintained continuity by completing the appointment before the outgoing director's tenure ended.