
Corporate Governance4 Sept 2026, 04:40 pm
Deccan Gold Mines: Re-appoints Pandarinathan Elango as Independent Director
AI Summary
Deccan Gold Mines Ltd announced the re-appointment of Mr. Pandarinathan Elango as an Independent Director for a second consecutive term of five years, from November 10, 2026, to November 09, 2031. This decision, approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee, is subject to shareholder approval at the upcoming 42nd Annual General Meeting. Mr. Elango, with over 35 years in the Oil & Gas sector, including leadership roles at ONGC, Cairn India, and Hindustan Oil Exploration Company Ltd (HOEC), is not related to any other directors and is not debarred from holding a directorship. His tenure at HOEC saw significant production growth.
Key Highlights
- Mr. Pandarinathan Elango re-appointed as Independent Director for 5 years.
- Term runs from November 10, 2026, to November 09, 2031.
- Re-appointment requires shareholder approval at the 42nd AGM.
- Director has extensive experience in the Oil & Gas sector.
- Mr. Elango is not related to other directors and is compliant.
Price Impact
More from DECNGOLD