Indiamart Intermesh Limited — Others, 21-01-2025: Appointment

The Board has approved the audited financial results for the quarter and nine months ended December 31, 2024, reporting a net profit of ₹3,701 crore, driven by revenue of ₹11,969 crore. Mr. Manish Vij has been appointed as a Non-Executive Independent Director for three years, while Mr. Manoj Bhargava becomes an Executive Director for five years. Mr. Bhargava also resigned as the Compliance Officer to transition into his new role. Mr. Aakash Chaudhry resigned as an Independent Director for personal reasons, and Ms. Vasudha Bagri has been appointed as the new Compliance Officer. The restructuring is likely to enhance governance and operational efficiencies, potentially boosting investor sentiment.