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Awaiting price reaction for this filing.
Transcorp International has received shareholder approval for the appointment of Mr. Harshvardhan Raghunath (DIN: 01675460) as a Non-Executive Independent Director. He was initially appointed by the Board on 6 February 2025 as an Additional Director, and shareholders have now confirmed his appointment via postal ballot e-voting. He will serve a 5-year term from 6 February 2025 to 5 February 2030. Mr. Raghunath is a former Partner & Director at Boston Consulting Group with extensive experience in banking, financial services, insurance, and investment banking. He is not related to any existing director and has not been debarred by SEBI.
This is a routine governance update confirming an independent director through shareholder vote. No material impact is expected on share price or operations; it strengthens board oversight with an experienced industry professional.