Independent Director Arpit Patel Passes Away
The Boards of Directors of Arvind Ltd., Anup Engineering Ltd., and Johnson Controls-Hitachi Air Conditioning India have communicated to the exchanges the sad demise of Arpit Patel, an Independent Director on May 21, 2024, due to illness.
JK Tyre appoints Krishna Bangur as Independent Director
Krishna Kumar Bangur is appointed as Non-Executive Independent Director of JK Tyre & Industries Limited, with effect from June 1, 2024.
Mahesh Rajaraman appointed Chief Risk Officer at Mahindra & Mahindra Financial
Mahindra & Mahindra Financial Services Limited appointed Mahesh Rajaraman as the Chief Risk Officer, with effect from August 1, 2024, for five years.
Simplex Realty appoints Satyan Israni & Anil Lohia as Independent Directors
Simplex Realty Limited appointed Satyan S. Israni and Anil Lohia as additional Directors under the category of Non-Executive Independent Directors for five years, with effect from May 21, 2024.
Guidelines issued by Sebi to combat market rumours
Listed companies must confirm, deny, or clarify any media-reported information that causes significant price movement in their shares. Stock exchanges will provide a framework for identifying these material price movements.
Vijay Chopra ceased to be Independent Director of IIFL Finance
Vijay Kumar Chopra, an Independent Director of IIFL Finance Limited, completed his term on May 20, 2024.
Tata’s biggest green steel project, Port Talbot, receives a grid connection
National Grid has confirmed a new connection offer to support the installation of a 3.2 million-tonne electric arc furnace at Tata Steel's Port Talbot steelworks, marking a significant step in the company's emission reduction plans.
City Union Bank’s Credit Head Mahesh Rajaraman Resigned
Mahesh Rajaraman, Head Credit of City Union Bank Limited has tendered his resignation from the post due to personal reasons.
Two auditors in Reliance Commercial Finance case are fined Rs 2.5 crore by NFRA
The National Financial Reporting Authority (NFRA) has imposed penalties totalling Rs 2.5 crore on two auditors for professional misconduct and auditing lapses related to the Reliance Commercial Finance case for FY 2018-19.
Sundaram Brake Linings’ Company Secretary Sathyan Rao Resigned
On May 20, 2024, Sathyan Yeshwantha Rao tendered his resignation from the post of Company Secretary and Compliance Officer of Sundaram Brake Linings Limited with effect from May 28, 2024.
