Management Change16 Oct 2026, 08:10 pm
IndiaNivesh Appoints New Independent Director, Reconstitutes Committees
AI Summary
IndiaNivesh Ltd announced changes in its management following a Board of Directors meeting on October 16, 2026. The board accepted the resignation of Mr. Jagdish Prasad Ridhkaran Pareek as Non-Executive Independent Director due to personal commitments. Concurrently, Mr. Sanjay Ramdhari Yadav was appointed as an Additional Non-Executive Independent Director for a five-year term. Mr. Yadav brings a background in Computer Science and extensive experience in Information Technology. The board also approved the reconstitution of various committees.
Key Highlights
- Resignation of Mr. Jagdish Prasad Ridhkaran Pareek as Non-Executive Independent Director noted.
- Mr. Sanjay Ramdhari Yadav appointed as Additional Non-Executive Independent Director.
- New director brings IT expertise and a five-year tenure.
- Board committees have been reconstituted.
- Changes align with SEBI (LODR) Regulations, 2015.
Price Impact
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