Change in composition of Nomination and Remuneration Committee of the Board
TRACXN · price
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Tracxn Technologies Ltd has reconstituted its Nomination and Remuneration Committee effective 04th May 2026. The change was made via a circular resolution of the Board of Directors to ensure compliance with Section 178 of the Companies Act, 2013 and Regulation 19 of the SEBI LODR Regulations. The revised committee now consists of three Non-Executive Independent Directors: Ms. Payal Goel as Chairperson, Mr. Brij Bhushan as Member, and Mr. Rohit Jain as Member. All committee members are Independent Directors, which meets regulatory requirements for such committees.
This is a routine governance compliance update. The reconstitution with independent directors strengthens the board's oversight structure. No negative implications for shareholders as this reflects proper adherence to regulatory requirements.