Management Change2 May 2026, 06:51 pm
ICSA India Appoints Venkateswar Nellutla as MD
AI Summary
ICSA (India) Ltd. announced the appointment of Mr. Venkateswar Nellutla as Managing Director and Mr. Mallour Rajesh Kumar as Non-Executive and Non-Independent Director. The appointments were approved during a Board of Directors meeting held on May 2, 2026, and are subject to shareholder approval. The board also authorized the reconstitution of the board and appointment of new directors, as well as the consideration and appointment of statutory and secretarial auditors.
Key Highlights
- Venkateswar Nellutla appointed as Managing Director for 5 years.
- Mallour Rajesh Kumar appointed as Non-Executive and Non-Independent Director for 5 years.
- Board authorized to reconstitute and appoint new directors.
- Authorization given to consider appointment of Independent Director and KMP.
- Board authorized to consider and appoint Statutory and Secretarial Auditors.
Price Impact
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