Skyline Ventures India Ltd — Important, 02-01-2026: Company Update

Skyline Ventures India Limited's shareholders, via an Extraordinary General Meeting, approved a significant board restructuring. Three directors – Ms. Asha Mitta, Mr. Anil, and Ms. Hannah Priyadarshini – were removed. Concurrently, three new directors were appointed: Mr. Kantheti Phanindra Varma, Mr. Madhu Mohan Avalur, and Mr. Venkata Satya Subrahmanyam Mukkavalli. This overhaul stems from shareholders losing confidence in the previous board. The new appointees bring extensive experience in areas like project management, entrepreneurship, technology, and supply chain, including involvement in a past project valued at ₹730 crore. This move reshapes the company's leadership and strategic direction.