Management Change22 Aug 2026, 03:31 pm
Citi Port Financial Appoints Narendra Babu Gutta as Independent Director
AI Summary
Citi Port Financial Services Ltd announced the outcome of its Board Meeting held on August 22, 2026. The Board approved the appointment of Mr. Narendra Babu Gutta as an Additional Director in the category of Non-Executive Independent Director for a period of five years, subject to shareholder approval. The meeting also approved the notice for the 34th Annual General Meeting (AGM), which will be convened on Wednesday, September 30, 2026. Mr. Jineshwar Kumar Sankhala was appointed as the scrutinizer for the e-voting process at the AGM. Mr. Gutta brings extensive experience in management, administration, and human resources.
Key Highlights
- Appointment of Mr. Narendra Babu Gutta as Non-Executive Independent Director.
- Director appointment is for a term of five years.
- 34th Annual General Meeting scheduled for September 30, 2026.
- Shareholder approval required for the director's appointment.
- Appointment of e-voting scrutinizer for the AGM.
Price Impact
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