Change in Designation of Nilesh Shyamlal Khoshti as Additional Non Executive Non Independent Director of the Company with effect from 30th August 2025
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Tirupati Tyres Limited has changed the designation of Mr. Nilesh Shyamlal Koshti (DIN: 11253299) from Additional Executive Director to Additional Non-Executive & Non-Independent Director, effective August 30, 2025. The Board approved this change to maintain an optimum mix of directors on the Board. Mr. Koshti has been appointed for a 5-year term, subject to shareholder approval. Additionally, the Board approved the Notice of the 37th Annual General Meeting. He has experience in business and operations and is not debarred by SEBI from holding directorship.
This is a routine governance change where a director moved from an executive to a non-executive role, with no major impact expected on shareholders or stock price. It reflects board restructuring rather than any strategic shift.