Baron Infotech Appoints New Directors Post-Merger Approval

Baron Infotech Limited's Monitoring Committee, in its 2nd meeting on September 22, 2026, took note of the appointment of five new directors. This follows the National Company Law Tribunal's approval of a resolution plan by Innopark (India) Private Limited, which included the merger of PurpleTalk India Private Limited into Baron Infotech Limited. The new directors, appointed as additional directors subject to shareholder approval, include Sreeram Reddy Vanga (Non-Executive Non-Independent), Sridhar Muppidi (Chairman & Managing Director), and three Non-Executive Independent Directors: D Gautam Sawang, Biyyala Venkata Papa Rao, and Ramachandra Rao Damera. The committee also approved payments towards CIRP costs and to creditors, and noted proposals for shifting the registered office and opening new bank accounts.