Rajya Vardhan Kanoria Retired from Nestle India’s Board
Nestle India Limited informed the stock exchange that Rajya Vardhan Kanoria retired as an Independent Non-Executive Director of the company on May 12, 2024, upon completion of his second term of five years.
Ritu Kaura resigned from Dish TV India’s Board
Dish TV India Limited informed the stock exchange that Ritu Kaura has resigned from the position of Non-Executive Independent Director of the Board and its Committees, with immediate effect on May 13, 2024.
Hemanti Prashant Sutaria Joins Ajmera Realty Board as Independent Director
The Board of Directors of Ajmera Realty & Infra Limited appointed Hemanti Prashant Sutaria as an Independent Director for five years, with effect from May 11, 2024.
LIC Nominates Siddhartha Mohanty to the L&T Board
The Board of Directors of Larsen & Toubro Limited has approved the appointment of Siddhartha Mohanty as a Director of the Company with effect from May 28, 2024, representing the equity interest of Life Insurance Corporation of India (LIC).
Sunil Munjal, Vimal Bhandari, Pradeep Dinodia retire from DCM Shriram Board
DCM Shriram Limited noted the impending completion of the 2nd term of Pradeep Dinodia, Sunil Kant Munjal, and Vimal Bhandari as Independent Directors of the Company, to be effective from the conclusion of the ensuing 35th AGM to be held on July 16, 2024.
Jack Dorsey quits Bluesky Board
Twitter’s founder and former CEO, Jack Dorsey, has quit the board of Bluesky. Notably, Dorsey launched Bluesky in 2019 while he was still running Twitter.
Chengalath Jayaram Retired from Kotak Mahindra Bank’s Board
Kotak Mahindra Bank Limited has announced that Chengalath Jayaram’s term as a Non-Executive Director of the bank has ended on April 30, 2024, on completion of eight continuous years in line with the provisions of Section 10A (2A)(i) of the Banking Regulation Act, 1949.
Frustrated Tesla’s CEO Elon Musk Fires Key Executives While Restructuring Board
According to reports, Tesla CEO Elon Musk has initiated significant restructuring within the company, including the dismissal of senior management and the termination of hundreds of employees due to declining sales.
Walmart Board Member With The Longest Tenure To Retire
The decision not to seek re-election to the Walmart board has been made by Rob Walton, the eldest son of founder Sam Walton.
Suresh Balakrishna Named as Independent Director on Jyothy Labs’ Board
Suresh Balakrishna has been appointed as an Independent Director on the Board of Jyothy Labs.