StockWatch
·
Housing Finance Company
Management Change30 Sept 2026, 10:20 pm

Sammaan Capital Appoints P.S. Negi as LIC Nominee Director

AI Summary

Sammaan Capital Ltd has approved the appointment of Mr. P. S. Negi as a Nominee Director representing Life Insurance Corporation of India (LIC), effective September 30, 2026. Mr. Negi replaces Mr. Rajiv Gupta, who ceases to be a director on the same date. Mr. Negi, currently the Zonal Manager (I/C) of LIC's North Central Zone in Kanpur, holds an M.Sc. in Mathematics and is not related to any existing director on the board. The company expressed appreciation for Mr. Gupta's contributions.

Key Highlights

  • P.S. Negi appointed as LIC Nominee Director.
  • Rajiv Gupta ceases to be a director.
  • Appointment effective September 30, 2026.
  • Negi is Zonal Manager (I/C) at LIC Kanpur.
  • No relationship disclosed with current directors.