StockWatch
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Investment Company
Management Change11 Aug 2026, 07:12 pm

DCM Financial Services: Independent Director Resigns, New Director Appointed

AI Summary

DCM Financial Services Ltd announced the resignation of Ms. Richa Kathuria from her position as Independent Director, effective August 11, 2026, due to other professional commitments. Consequently, she has also stepped down from her roles in the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. The Board of Directors approved the appointment of Ms. Snehlata Kaim as an Additional Director (Non-Executive Independent) for a five-year term, subject to shareholder approval. The company also reconstituted its board committees to reflect these changes.

Key Highlights

  • Ms. Richa Kathuria resigned as Independent Director on August 11, 2026.
  • Ms. Snehlata Kaim appointed as Additional Non-Executive Independent Director.
  • Board committees reconstituted following director changes.
  • Resignation cited other professional commitments.