Former Future Brands CEO Santosh Desai To Join Nykaa Board as Independent Director
FSN E-Commerce Ventures, better known as Nykaa, has appointed Santosh Desai as an Independent Director effective July 15, 2024.
NRB Bearings Appoints Jayavardhan Diwan & Bapsy Dastur as Independent Directors
The Board of Directors of NRB Bearings Limited has approved the appointment of Jayavardhan Dhar Diwan and Bapsy Dastur as Additional Directors in the category of Non-Executive and Independent Directors for five years by passing a special resolution at the next general meeting or within a time period
Girija Balakrishnan Joins Hercules Hoists as Independent Director
Hercules Hoists Limited has welcomed Girija Balakrishnan as an Additional and Independent Director for a five-year term, starting May 27, 2024.
CFO Anoop Bali Promoted to Managing Director at TFCI
The Tourism Finance Corporation of India (TFCI) has promoted Anoop Bali to Managing Director while retaining his position as Chief Financial Officer (CFO).
Sheela Bhide Resigns as Independent Director of Star Paper Mills
Sheela Bhide has tendered her resignation as an Independent Director of Star Paper Mills Limited and as a member of the CSR Committee of the Board, effective May 31, 2024, citing severe health issues.
Ex-Kotak Mahindra Bank Jt. MD, C. Jayaram, Joins KFin Technologies’ Board
KFin Technologies Limited has announced the appointment of Chengalath Jayaram, former Joint Managing Director (Jt. MD) of Kotak Mahindra Bank, as an Independent Director with effect from May 24, 2024.
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.
