Corporate Governance29 May 2026, 04:52 pm
Morgan Ventures Reappoints Sanjiv Bansal as Independent Director
AI Summary
Morgan Ventures Ltd has reappointed Mr. Sanjiv Bansal as an Independent Director for a second term of 5 years, effective from June 17, 2026, until June 17, 2031. This reappointment is based on the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors at their meeting held on May 29, 2026, and is subject to the approval of the company's members. Dr. Bansal is a physician with experience in diagnosing and managing medical conditions and owns Bansal Hospitals in Delhi.
Key Highlights
- Sanjiv Bansal reappointed as Independent Director for a second 5-year term.
- Reappointment effective June 17, 2026, subject to member approval.
- Bansal's directorship continues until June 17, 2031, not subject to retirement by rotation.
- Bansal is a physician and owner of Bansal Hospitals in Delhi.
Price Impact
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