
Management Change26 Aug 2026, 08:20 pm
Maximus International Reappoints Dipak Raval as MD for 5 Years
AI Summary
Maximus International Ltd announced board approval for the re-appointment of Mr. Dipak Raval as Managing Director for a term of 5 years, from October 7, 2026, to October 6, 2031. This re-appointment allows him to continue beyond the age of 70. The board also approved the appointment of Mr. Ramesh Kheradia as an Additional Non-Executive Independent Director and the re-appointment of Ms. Divya Zalani as a Non-Executive Independent Director for a second term of 5 years. Additionally, M/s. Ambalal M. Shah & Co. have been appointed as Statutory Auditors to fill a casual vacancy and for a subsequent 5-year term. All appointments are subject to shareholder approval.
Key Highlights
- Dipak Raval re-appointed as MD for 5 years.
- Ramesh Kheradia appointed as Additional Non-Executive Independent Director.
- Divya Zalani re-appointed as Non-Executive Independent Director for 5 years.
- New statutory auditors appointed for a 5-year term.
- All key appointments require shareholder approval.
Price Impact
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