Satish Gundewar replaces B.K. Divakara as CFO of CSB Bank Ltd
The CFO of CSB Bank Limited, B.K. Divakara will step down from his position on June 4, 2023. Satish Gundewar will take over the role of Chief Financial Officer (CFO) on June 5, 2023. He will be appointed as Key Managerial Personnel (KMP) of the Bank. Gundewar has 28 years of finance experience, incl
Dr. Reddy’s Laboratories Ltd announces changes in its Board of Directors
Effective May 10, 2023, Dr. Claudio Albrecht is appointed as an Additional Director of the Company categorised as Independent for five consecutive years until May 9, 2028, at Dr. Reddy’s Laboratories Limited. Furthermore, the company re-appointed Leo Puri and Shikha Sharma as Independent Directors
Vinit Tanna resigns as the CS from Ajmera Realty & Infra India Ltd
Vinit Tanna has resigned from the post of Company Secretary and Compliance officer at Ajmera Realty & Infra India Limited effective May 15, 2023.
Kamlesh Shinde has resigned from Finolex Cables Limited
Finolex Cables Limited has announced that Kamlesh Shinde has resigned, from the position of Assistant Company Secretary and Compliance Officer, effective from June 2, 2023.
S N Jhaveri Steps Down as Non-Executive ID of Jindal Worldwide Ltd
Jindal Worldwide Limited has announced that Shrikant Narottamdas Jhaveri has resigned as Non-Executive Independent Director effective May 10, 2023.
AM Naik to Step down from L&T after 58 years of service
Anil Manibhai Naik, the legendary chairman of Larsen & Toubro (L&T), is stepping down as non-executive chairman after 58 years of association with the company. Naik is credited for overseeing the growth of L&T over several decades and stablished as India’s biggest infrastructure firm.
Swati Gupta appointed Independent Director of SBI
In a regulatory filing, the State Bank of India, India’s largest bank in terms of total assets, announced the appointment of Swati Gupta as a non-executive independent director on the bank’s board of directors. As per the company’s statement. With over 30 years of experience in adminis
SAT ruling likely to facilitate the appointment of Independent Directors
In a significant ruling related to the appointment of an independent director by Nectar Life Sciences, the Securities Appellate Tribunal (SAT) has ruled against the Securities and Exchange Board of India (SEBI) and NSE. The SAT clarified that a special resolution is not necessary for appointing a di
Company Directors, trustees, and nominee shareholders are now under Money Laundering Act
The Finance Ministry expanded the ambit of the Prevention of Money Laundering Act (PMLA) to include directors of a company, trustees of an express trust, and nominee shareholders of a company as reporting entities. This means that these individuals will be held responsible for any misconduct or viol
Suresh Talwar steps down from the board of Elantas Beck India Ltd
Suresh Narsappa Talwar has recently resigned as Non-Executive & Independent Director from Elantas Beck India Limited, effective May 9th, 2023. Talwar is a well-known figure in the corporate world and is associated with 14 companies, including Procter & Gamble Health Limited, Samson Maritime
