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Management Change29 Jun 2026, 06:10 pm

Maxgrow India Appoints New Internal Auditor and Additional Director

AI Summary

Maxgrow India Ltd announced key board decisions made on June 29, 2026. The company appointed M/s. V. G. Kamat & Associates as its Internal Auditor for the Financial Year 2026-27. Additionally, Dr. M Krishnan was appointed as an Additional Director under the category of Non-Executive Independent Director, effective the same date. Dr. Krishnan brings 37 years of experience in banking and corporate roles. His appointment is subject to shareholder approval. The company also confirmed Dr. Krishnan is not debarred from directorship.

Key Highlights

  • Maxgrow India appointed V. G. Kamat & Associates as Internal Auditor for FY 2026-27.
  • Dr. M Krishnan appointed as Additional Non-Executive Independent Director.
  • Dr. Krishnan has 37 years of banking and corporate experience.
  • Appointment of Dr. Krishnan is subject to shareholder approval.
  • No relationships disclosed between Dr. Krishnan and existing directors.