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The Board has appointed Mr. Nallepilly Ramaswami Parameswaran as an Additional Independent Director, pending shareholder approval through a Special Resolution. His term will be effective from December 17, 2024, to December 16, 2029. Mr. Parameswaran is a Chartered Accountant and has significant experience in financial advisory services, along with expertise in international business and disaster management.
This strategic addition to the board aims to bolster governance and bring in substantial expertise, potentially influencing investor confidence positively. Investors may view this development as a step toward enhancing the company’s strategic decision-making and operational resilience.