
Management Change27 Oct 2026, 06:30 pm
Canara Robeco AMC Appoints Sunil Kumar Chugh as Additional Director
AI Summary
Canara Robeco Asset Management Company Ltd announced that its Board of Directors, following a recommendation from the Nomination and Remuneration Committee, has approved the appointment of Mr. Sunil Kumar Chugh as an Additional Director (Non-Executive Non-Independent). This appointment is effective from October 27, 2026, and is subject to shareholder approval. Mr. Chugh brings over 33 years of banking experience, having served in various leadership roles across public sector banks. He is currently an Executive Director at Canara Bank and is not related to any existing directors of the company. A postal ballot notice will be issued to seek shareholder consent for his appointment.
Key Highlights
- Board approved appointment of Sunil Kumar Chugh as Additional Director.
- Appointment is Non-Executive and Non-Independent.
- Effective October 27, 2026, subject to shareholder approval.
- Mr. Chugh has over 33 years of banking experience.
- He is not related to any existing directors.
Price Impact
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