Tata Teleservices (Maharashtra) Limited has informed the Exchange regarding Appointment of Mr Nalin Rana as Non- Executive Director of the company w.e.f. August 07, 2025.
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Tata Teleservices (Maharashtra) Limited (TTML) has informed the stock exchanges that Mr Ankur Verma (DIN: 07972892) has stepped down from the Board with effect from August 7, 2025, citing other commitments. The board placed on record its appreciation for his contributions. To maintain the required board composition under the Companies Act and SEBI LODR rules, the board approved the appointment of Mr Nalin Rana (DIN: 11211374) as an Additional Director (Non-Executive and Non-Independent), also effective August 7, 2025, subject to shareholder approval. Mr Rana is a B.Tech in Electrical Engineering and an IIM Indore graduate who currently works in the Group Strategy Office of Tata Sons (since 2021) and previously spent 12+ years in investment banking at Standard Chartered Bank. Neither the outgoing nor the incoming director holds any shares in the company, and Mr Rana is not debarred from holding directorship by SEBI or any other authority.
This is a routine board reshuffle with no material financial or operational impact on the company. The incoming director brings telecom sector and strategic transaction experience from the Tata Group's strategy office, which is positive for governance continuity.