StockWatch
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Investment Company
Management Change11 Aug 2026, 07:01 pm

DCM Financial Services: Director Resigns, New Director Appointed

AI Summary

DCM Financial Services Ltd announced a board meeting held on August 11, 2026. The board accepted the resignation of Ms. Richa Kathuria as Independent Director due to other professional commitments. Consequently, she has stepped down from the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The board also approved the appointment of Ms. Snehlata Kaim as an Additional Director (Non-Executive Independent) for a five-year term, subject to shareholder approval. The committee compositions were subsequently reconstituted.

Key Highlights

  • Ms. Richa Kathuria resigned as Independent Director.
  • Ms. Snehlata Kaim appointed as Additional Director.
  • Board committees were reconstituted following the changes.
  • Appointment of Ms. Kaim is subject to shareholder approval.