Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform that Board of Directors at their Meeting held today i.e 17th May 2025, inter alia, approved the appointment ....
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Yash Management & Satellite Ltd has appointed Mr. Yash Gupta (DIN: 07638743) as Managing Director (Executive) for a 5-year term from 17 May 2025 to 16 May 2030, subject to shareholder approval. Mr. Gupta is a management and commerce graduate with over 11 years of experience in management consultancy, project finance, investment banking, Indian capital markets, and has also executed a greenfield manufacturing project in the Indian polymer plastic industry. The appointment was recommended by the Nomination and Remuneration Committee and approved by the Audit Committee and Board. The company confirmed Mr. Gupta is not debarred from holding a director position by SEBI or any other authority.
A new promoter-family member taking the top executive role brings leadership continuity but also raises governance questions around independent oversight. Shareholders should note that his remuneration and appointment still need their approval at the next general meeting.