Ritu Kaura resigned from Dish TV India’s Board
Dish TV India Limited informed the stock exchange that Ritu Kaura has resigned from the position of Non-Executive Independent Director of the Board and its Committees, with immediate effect on May 13, 2024.
Rajesh Chawla is the new CFO of Varun Beverages
Rajesh Chawla is appointed as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of Varun Beverages Limited, with effect from May 14, 2024.
Jay Bharat Maruti’s Company Secretary Ravi Arora to step down
The Board of Directors of Jay Bharat Maruti Limited on May 13, 2024, has considered and accepted the resignation of Ravi Arora from the post of Company Secretary and Compliance Officer, and he will be relieved from the services with effect from May 31, 2024.
RailTel Corporation of India’s Independent Director Subhash Sharma, resigned
Dr. Subhash Sharma has tendered his resignation as an Independent Director from the Board of RailTel Corporation of India Limited with immediate effect on May 10, 2024, due to personal reasons.
APL Apollo Tubes Appoints Rajeev Anand & D. K. Mittal as Independent Directors
The Board of Directors of APL Apollo Tubes Limited appointed Rajeev Anand and Dinesh Kumar Mittal as Additional Directors (Non-Executive, Independent), both for three years with effect from May 11, 2024.
IndusInd Bank’s Independent Director T. T. Ram Mohan Retired
Indusind Bank Limited informed the stock exchange that Dr. T. T. Ram Mohan ceases to be the Non-Executive Independent Director of the bank, with effect from May 11, 2024, upon completion of his tenure.
Sebi is looking into allegations of “coerced” voting to delist ICICI Securities
The Securities and Exchange Board of India (Sebi) is currently probing allegations from minority shareholders of ICICI Securities who claim they were coerced by ICICI Bank's relationship managers to support delisting.
Whole Time Director Nemkumar H. Appointed as MD of IIFL Securities
The Board of Directors of IIFL Securities Limited confirmed the appointment of Nemkumar H., Whole-Time Director of the Company, as the Managing Director and Key Managerial Personnel (KMP) for five years, with effect from May 15, 2024.
Fifteen NBFCs have surrendered Registration certificates to RBI
According to the Reserve Bank of India (RBI), 15 NBFCs have surrendered their registration certificates for a variety of reasons, including Tata Capital Financial Services and Revolving Investments.
Belstar Microfinance and Sundaram Home Finance penalised by RBI
The Reserve Bank of India (RBI) announced on Friday that it had fined Belstar Microfinance Rs 3,10,000 and Sundaram Home Finance Rs 1,50,000 for not adhering to certain parts of the Know Your Customer (KYC) regulation, 2016.