Corporate Governance29 May 2026, 06:11 pm
Akar Auto Addresses Delay in Women Director Appointment
AI Summary
Akar Auto Industries Ltd. has addressed the delay in appointing a woman director, as per Regulation 17(1) of SEBI LODR Regulations. The company cited time taken for identification and selection as the reason for the delay. However, Akar Auto has since appointed a woman director, ensuring compliance with the regulations. The Board commits to timely compliance with regulatory requirements going forward.
Key Highlights
- Akar Auto explains delay in appointing a woman director.
- Delay attributed to time for candidate identification and selection.
- Company has now appointed a woman director, ensuring compliance.
- Board commits to timely regulatory compliance in the future.
Price Impact
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