
Safari Industries Reappoints Sridhar Balakrishnan & Aseem Dhru As Independent Directors, Announces Board Changes
Safari Industries (India) Limited has reappointed Sridhar Balakrishnan as an Independent Director for a second five-year term from August 10, 2026, subject to shareholder approval. He is the Chief Executive Officer (CEO) of Duroflex Ltd.
The Board also reappointed Aseem Dhru as Independent Director for a term from November 1, 2026. He is the CEO & Managing Director (MD) of SBFC Finance Ltd.
Further, Abhijaat Sinha was appointed as the Company Secretary, Compliance Officer, and Nodal Officer.
Meanwhile, Rahul Kanodia has resigned as an Independent Director, effective May 20, 2026. The Board also accepted the resignation of Chief Financial Officer (CFO) Vineet Poddar, effective June 30, 2026.
Balakrishnan is currently Group CEO of Duroflex, where he focuses on business expansion and strengthening operations in the sleep and comfort segment. Before this, he served as CEO and MD of ACC Ltd., where he managed operational performance and strategic planning. He has also worked with STAR India and Marico Ltd., where he gained experience in media, FMCG, and regional markets across South Asia, the Middle East, and Africa. He has more than three decades of experience across consumer goods, media, building materials, and sleep and wellness sectors. His experience includes managing acquisitions, restructuring businesses, and building new growth platforms across organisations.
Dhru is Executive Vice Chairman of SBFC Finance. He has more than 27 years of experience in the banking sector and has been associated with SBFC Finance since September 28, 2017. He has worked across business development and financial services functions and has contributed to the company’s operational and business activities. Before joining SBFC Finance, he worked with HDFC Bank Ltd. as Group Head for business banking, working capital, and retail agri business. He has also served as CEO & MD of HDFC Securities Ltd. and was a Director at HDB Financial Services Ltd. Dhru holds a bachelor’s degree in commerce from Gujarat University and is a member of the Institute of Chartered Accountants of India. He has also been certified by the Institute of Cost and Works Accountants of India.




