Jyoti CNC Automation Limited — Others, 18-01-2025: Appointment

Jyoti CNC Automation Limited has appointed Mr. P. N. Prasad as an Independent Director, following a successful postal ballot. His term is effective for five years, until November 13, 2029. Mr. Prasad brings over 37 years of banking expertise, having retired as Deputy Managing Director of the State Bank of India (SBI) in 2020, with significant leadership experience in corporate banking and project finance.

This strategic addition to the board may enhance governance and operational efficiency, potentially positively influencing investor sentiment through improved oversight. Mr. Prasad's extensive background suggests a proactive move towards strengthening company leadership.