Sundaram Finance’s Independent Director S. Mahalingam Retired
S. Mahalingam, Independent Director of Sundaram Finance Limited, completed his term on May 25, 2024.
Independent Director Dhananjay N. Mungale Retired from Tamil Nadu Petroproducts
Dhananjay N. Mungale has completed his term as an Independent Director of Tamilnadu Petroproducts Limited and consequently ceased to be a Director with effect from May 26, 2024.
Aurobindo Pharma Reappoints K. Nithyananda Reddy as Vice Chairman & MD
On May 25, 2024, the Board of Directors of Aurobindo Pharma Limited approved the reappointment of K. Nithyananda Reddy as Vice Chairman and Managing Director (MD) for three years, with effect from June 1, 2024.
Penalty On Oil PSUs For Failure To Appoint Independent Directors And Women Directors
For the fourth consecutive quarter, state-owned oil and gas companies, such as IndianOil, ONGC, and GAIL (India), have been penalised for not having a sufficient number of Directors on their Boards in accordance with listing criteria.
Independent Director Siddharath Bindra Retired from Somany Ceramics Board
Siddharath Bindra, Non-Executive Independent Director of Somany Ceramics Limited, completed his term on May 25, 2024, and consequently ceased to be the Director of the company.
RBI Appoints Pradeep Kumar Sinha as ICICI Bank’s Part-Time Chairman
The Reserve Bank of India (RBI) has approved the appointment of Pradeep Kumar Sinha to assume the role of part-time Chairman at ICICI Bank for a period of three years with effect from July 1, 2024.
Hindalco Industries Reappoints Sudhir Mital as Independent Director
On May 25, the Board of Directors of Hindalco Industries Limited approved the reappointment of Sudhir Mital as an Independent Director for five years, with effect from November 11, 2024.
United Spirits Appoints Amrita Gangotra as Independent Director
The Board of Directors of United Spirits Limited has approved the appointment of Amrita Gangotra as a Non-Executive Independent Director with effect from September 1, 2024.
Ashok Leyland Appoints V. Sumantran as ID & K. M. Balaji as CFO
The Board of Directors of Ashok Leyland Limited has appointed Dr. Venkataramani Sumantran as an Additional Director (Non-Executive, Independent) with immediate effect.
Torrent Pharma reappoints Samir Mehta as Executive Chairman, inducts Jinal Mehta to the Board
The Board of Torrent Pharmaceuticals Limited has approved the appointment of Jinal Mehta as Non-Executive Non-Independent Director with effect from May 24, 2024.
