Allcargo Logistics: Sivaraman Narayanaswami re-appointed as Independent Director
Allcargo Logistics Ltd's Board of Directors has approved the re-appointment of Mr. Sivaraman Narayanaswami (DIN: 00001747) as an Independent Director for a second term of one year, effective from May 4, 2026, to May 3, 2027. This re-appointment is contingent upon the approval of the shareholders through a postal ballot via remote e-voting. The Board also approved the draft postal ballot notice and appointed Mr. Dhrumil Shah as the Scrutinizer for the process. Mr. Narayanaswami is a highly experienced business leader with over four decades in finance and organizational leadership, having held senior positions at ICRA Limited, L&T Finance Holdings Ltd., and IL&FS. He is not related to any other director or Key Managerial Personnel of the company and is not debarred by SEBI.
Key Highlights
- Board approved re-appointment of Sivaraman Narayanaswami as Independent Director.
- Second term is for one year, from May 4, 2026, to May 3, 2027.
- Re-appointment is subject to shareholder approval via postal ballot.
- Mr. Narayanaswami brings 40+ years of experience in finance and leadership.
- He is not related to any other director or KMP of the company.
Price Impact
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