Board Meeting1 Jul 2026, 03:08 pm
Maxgrow India Ltd Board Approves Auditor and Director Appointments
AI Summary
Maxgrow India Ltd announced that its Board of Directors, in a meeting held on June 29, 2026, approved the appointment of M/s. V. G. Kamat & Associates as Internal Auditor for FY 2026-27. The Board also appointed Dr. M Krishnan 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 experience in banking and corporate finance. The company also confirmed that Dr. Krishnan is not related to any existing director on the board.
Key Highlights
- Internal Auditor appointed for FY 2026-27.
- Dr. M Krishnan appointed as Additional Non-Executive Independent Director.
- Director appointment is for five years, subject to shareholder approval.
- Dr. Krishnan has extensive banking and corporate finance experience.
- No relationship disclosed between new director and existing board members.
Price Impact
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