Vindhya Telelinks Limited has informed the Exchange regarding Cessation of Shri Bachh Raj Nahar as Non- Executive Independent Director of the company w.e.f. Jun 13, 2026.
VINDHYATEL · price
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Shri Bachh Raj Nahar (DIN: 00049895) will cease to be a Non-Executive Independent Director from close of business hours on June 13, 2026 upon attaining age 75. The special resolution for continuation of his appointment was not passed with requisite majority at the time of his appointment, leading to term curtailment under Regulation 17(1A). The same board meeting also approved appointment of Shri Pandanda Kariappa Madappa as an Additional Independent Director and recommended reappointment of Shri Priya Shankar Dasgupta for a second term. Additionally, the company reported audited standalone revenue of Rs 35,663 lakhs and consolidated revenue of Rs 35,932 lakhs for FY26, recommended dividend of Rs 6 per share, approved raising Rs 200 crores via NCDs, and sanctioned Rs 65 crore additional investment for Speciality Optical Fibre Cable capacity expansion.
The departure of an independent director after a failed continuation vote signals governance concerns. The board filled the vacancy immediately with a new appointment. Investors should note multiple board changes happening simultaneously alongside the Birla Cable amalgamation proposal.