StockWatch
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Other Financial Services
Management Change18 Jul 2026, 01:01 pm

Escorp Asset Management Appoints Two New Directors

AI Summary

Escorp Asset Management Ltd announced the outcome of its Board Meeting held on July 18, 2026. The board approved the appointment of Mr. Ronak Jain and Mr. Arkesh Ayyagari as Additional Non-Executive Independent Directors for a term of five years, subject to shareholder approval. Concurrently, the resignation of Mr. Haresh Sanghvi as a Non-Executive Independent Director was accepted due to professional commitments. Additionally, Mr. Darshit Parikh will cease to hold office as a Non-Executive Independent Director on July 25, 2026, upon completion of his second consecutive term. The meeting commenced at 10:30 A.M. and concluded at 12:30 P.M.

Key Highlights

  • Two new Additional Non-Executive Independent Directors appointed.
  • Appointments are for a five-year term, subject to shareholder approval.
  • Resignation of one Non-Executive Independent Director accepted.
  • One Director to cease office upon completing term.
  • Board meeting held on July 18, 2026.