SBI’s Naveen Chandra Jha Appointed as MD & CEO at SBI General Insurance
On Wednesday, SBI General Insurance Company Limited announced that they have appointed Naveen Chandra Jha as their new Managing Director (MD) and Chief Executive Officer (CEO).
SEBI Revises Company Insider Trading Rules
The Securities and Exchange Board of India (SEBI), the security market regulator, has introduced greater flexibility for senior executives of listed companies regarding their trading plans under insider trading regulations.
Voltamp Transformers’ Independent Director Visha Suchde Resigned
Visha Suchde has tendered her resignation as Non-Executive Independent Director of Voltamp Transformers Limited with effect from June 26, 2024, along with her membership in various committees, due to pre-occupation and professional commitments.
PTC India Financial Services’ Director & CFO Mahendra Lodha Resigned
Mahendra Lodha has tendered his resignation as the Director (Finance) and Chief Financial Officer of PTC India Financial Services Limited, which was accepted by the Board on June 26, 2024.
L&T’s Chairman Emeritus AM Naik will retire from Subsidiary Companies LTIM and LTTS Board
Moneycontrol reported that AM Naik, Chairman Emeritus of Larsen & Toubro (L&T), is going to step down from the post of Non-Executive Chairman and Member of the Boards of LTIMindtree Limited (LTIM) and L&T Technology Services Limited (LTTS).
A Balasubramanian Reappointed As MD of Aditya Birla Sun Life AMC
On June 25, Aditya Birla Sun Life AMC Limited announced to the stock exchange the reappointment of A Balasubramanian as Managing Director (MD) for three years.
Arun Kumar Bansal Resigned as Executive Director of IDBI Bank to lead Paytm Payment Bank
Arun Kumar Bansal, Executive Director and Head Treasury, designated as Senior Management Personnel (SMP) of IDBI Bank Limited, has resigned with effect from June 25, 2024.
Mahindra & Mahindra Financial Services’ CFO Vivek Karve to Resign
Vivek Karve, Chief Financial Officer (CFO) of Mahindra & Mahindra Financial Services Limited, has decided to pursue personal, social, and professional interests beyond full-time employment and has tendered his resignation from the services of the company for the same.
Symphony Appoints Malavika Harita as Independent Woman Director
The Board of Directors of Symphony Limited has considered and proposed that Malavika Ramanathan Harita be appointed as an Independent Woman Director for five years, with effect from August 6, 2024.
VST Industries Appointed Rajeev Bakshi as Independent Director
The Board of Directors of VST Industries Limited has approved the appointment of Rajeev Bakshi as an Additional Non-Executive Independent Director on the Board with effect from July 1, 2024, for five years.