StockWatch
·
Financial Technology (Fintech)
Management Change3 Jul 2026, 09:30 pm

One 97 Communications Appoints Two Independent Directors

AI Summary

One 97 Communications Ltd announced board approvals for two new Non-Executive Independent Directors, Mr. Narasinganallore Venkatesh Srinivasan and Ms. Sachee Trivedi, effective July 5, 2026, for a three-year term. This move aims to strengthen the board as the company enters its next growth phase. Additionally, Ms. Urvashi Sahai resigned as Whole-time Director and KMP, effective July 5, 2026, to focus on executive responsibilities, while continuing as General Counsel & Senior Vice President – Legal. Three other senior personnel were designated as additional Senior Management Personnel.

Key Highlights

  • Two new independent directors appointed to the board.
  • Appointments aim to support company's growth and profitability.
  • One Whole-time Director resigns to focus on executive role.
  • Three senior personnel designated as additional SMPs.