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Corporate Governance1 Jul 2026, 08:11 pm

ICRA Employees Welfare Trust Deed Modified

AI Summary

ICRA Limited has executed a Deed of Modification to its Employees Welfare Trust Deed. This modification is in accordance with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The primary change involves the resignation of Mr. P.R. Khanna as a trustee and the appointment of Mr. Harinderjit Singh as the new trustee. The existing trustees, Mr. M.S. Verma and Mr. Subhash Chander Vasudeva, continue in their roles. The amended Trust Deed, effective from the date of execution, will govern the trust with its new composition of trustees.

Key Highlights

  • ICRA Limited modifies its Employees Welfare Trust Deed.
  • New trustee appointed, one trustee resigns.
  • Modification aligns with SEBI Share Based Employee Benefits Regulations.
  • Trust Deed amendments are effective from the execution date.