Systematix Corporate Services Limited has informed the Exchange about change in Management
SYSTMTXC · price
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At the Extra-Ordinary General Meeting held on April 17, 2026, members approved the appointment of Mr. Vijaykumar Gautam (DIN: 07358773) as a Non-Executive Independent Director of the company. This formalizes his earlier role as an Additional Director, with a confirmed 5-year term running from January 21, 2026 to January 20, 2031. Mr. Gautam is a retired 1987-batch IAS officer of the Maharashtra cadre, having served as Additional Chief Secretary to the Government of Maharashtra, with deep experience in administration, finance, IT, and policy-making. He is not related to any existing directors or key managerial personnel, and is not debarred from holding office by SEBI or any other authority.
This is a routine board regularization rather than a fresh appointment, adding a senior former bureaucrat to the board. The move is likely a governance formality and should not have a material effect on the stock price or shareholder value in the short term.