
ObjectOne Information Systems Appoints New Independent Director
ObjectOne Information Systems Limited announced changes to its Board of Directors following a meeting on July 25, 2026. The company noted the completion of the second and final term for Independent Directors Mr. Jaya Prakash Narayana Valluru and Mrs. Earneni Kavitha, effective July 30, 2026. Concurrently, Mr. Muttuluri Narsimhappa was appointed as an Additional Director (Non-Executive, Independent Director) with effect from July 25, 2026. His appointment as a full-fledged Independent Director for a five-year term is subject to shareholder approval at the upcoming Annual General Meeting, particularly due to his age exceeding seventy-five years. The board expressed gratitude for the contributions of the departing directors.
Key Highlights
- Two Independent Directors completed their final terms.
- Mr. Muttuluri Narsimhappa appointed as Additional Independent Director.
- New director appointment subject to shareholder approval.
- Board committees were reconstituted following the changes.
Price Impact
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