
Management Change18 Jul 2026, 01:00 pm
Escorp Asset Management Appoints Two Independent Directors, One Resigns
AI Summary
Escorp Asset Management Ltd announced board changes, appointing Mr. Ronak Jain and Mr. Arkesh Ayyagari as Additional Non-Executive Independent Directors for five-year terms, subject to shareholder approval. The company also accepted the resignation of Mr. Haresh Sanghvi due to professional commitments. Mr. Darshit Parikh will cease to hold office upon completion of his second consecutive term. The appointments are in compliance with SEBI regulations, with confirmations that the new directors are not debarred by any authorities.
Key Highlights
- Two new Non-Executive Independent Directors appointed for five-year terms.
- One Non-Executive Independent Director resigned due to professional commitments.
- One Director to cease office upon completion of term.
- Appointments are subject to shareholder approval.
- New directors confirmed to comply with SEBI regulations.
Price Impact
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