Board Meeting21 Mar 2026, 01:32 pm
Mangalam Industrial Finance Ltd: Board Approves Re-Appointment of Venkata Ramana Revuru as MD, Shareholders' Approval Pending
AI Summary
The Board of Directors of Mangalam Industrial Finance Ltd has approved the re-appointment of Mr. Venkata Ramana Revuru as the Managing Director for a further period of three years, subject to the approval of the shareholders and necessary approvals. The re-appointment will be effective from July 10, 2026, to July 9, 2029. The Board also approved various statutory policies of the Company in line with the latest amendment of the Listing Regulations.
Key Highlights
- Board approves re-appointment of Venkata Ramana Revuru as Managing Director for three years
- Re-appointment effective from July 10, 2026, to July 9, 2029
- Re-appointment subject to shareholders' approval and necessary approvals
- Board approves various statutory policies of the Company in line with the latest amendment of the Listing Regulations