Announced Mon, 15 Sept · 19:45 IST

Cessation of Mr. Wilson David Nadar as a Non-Executive Independent Director and Appointment of Mrs. Deepali Jain as an Additional Non-Executive Independent Director of the Company.

Management Changes View source PDF

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AI summary

Mr. Wilson David Nadar (DIN: 06901019) has ceased to be a Non-Executive Independent Director of Vantage Knowledge Academy with effect from the close of business hours on 15th September 2025, after completing two consecutive terms of five years each (10 years total). In his place, Mrs. Deepali Jain (DIN: 11300258), a professional with over 20 years of experience across leadership, management, entrepreneurship, and directorship roles, has been appointed as an Additional Non-Executive Independent Director from the same date, subject to shareholder approval. Mrs. Deepali Jain will also serve as a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The Board has recorded appreciation for the contributions of the outgoing director.

Likely market impact

This is a routine board change driven by the completion of the outgoing director's maximum permissible tenure under SEBI rules, with a qualified replacement appointed. Minimal impact on shareholders or stock price is expected, though the appointment remains subject to shareholder ratification at the next general meeting.