Intimation of Change in Management of the Company as per Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements -Appointment of Mr. Rajesh Chapsi Dedhia as Additional ....
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Vantage Knowledge Academy Ltd has appointed Mr. Rajesh Chapsi Dedhia as Additional Executive Director effective May 2, 2025, subject to shareholder approval at the next general meeting. Mr. Dedhia brings over 25 years of experience in finance, accounting, auditing, taxation, risk management, cross-border acquisitions, and corporate governance. He is currently serving as the Chief Financial Officer (CFO) of the company. Importantly, he is the spouse of Mrs. Neeta Rajesh Dedhia, the current Managing Director, indicating that the board is now being shaped by the promoter family. The appointment was recommended by the Nomination and Remuneration Committee, and Mr. Dedhia is not debarred from holding a directorship by any regulatory authority.
This appointment strengthens the promoter family's control over the company's board and management, as the MD's spouse is now also taking on an executive director role alongside his CFO duties. Shareholders should note the family concentration in leadership and watch for the outcome of the shareholder vote at the upcoming general meeting.