Management Change29 Jun 2026, 06:10 pm
Maxgrow India Appoints New Independent Director and Internal Auditor
AI Summary
Maxgrow India Ltd announced key appointments following a Board of Directors meeting on June 29, 2026. The company has appointed M/s. V. G. Kamat & Associates as its Internal Auditor for the Financial Year 2026-27. Additionally, Dr. M Krishnan has been appointed as an Additional Non-Executive Independent Director, effective the same date, for a term of five years, subject to shareholder approval. Dr. Krishnan brings 37 years of extensive experience in Indian and international banking.
Key Highlights
- Maxgrow India appointed M/s. V. G. Kamat & Associates as Internal Auditor for FY 2026-27.
- Dr. M Krishnan appointed as Additional Non-Executive Independent Director.
- Dr. Krishnan's appointment is effective June 29, 2026, for a five-year term.
- The appointments were approved by the Board of Directors on June 29, 2026.
- Dr. Krishnan has 37 years of banking experience, including international exposure.
Price Impact
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