UTI Asset Management Company Limited — Others, 13-12-2024: Change in Director(s)

UTI Asset Management Company has announced a board meeting where it approved the re-appointment of Ms. Jayashree Vaidhyanathan as Non-Executive Independent Director for three years, starting from December 16, 2024, subject to shareholder approval. Ms. Vaidhyanathan meets the criteria for independence and is not debarred from holding the office. Her extensive experience spans over thirty years in financial services, bolstering the board's expertise. This update may foster a positive outlook among investors, indicating strength in governance and continuity in leadership strategy within the company.