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Management Change12 Aug 2026, 08:41 pm

Oricon Enterprises Re-appoints Independent Director for 5 Years

AI Summary

Oricon Enterprises Ltd announced the re-appointment of Mr. Shravan Kumar Malani as an Independent Director for a second term of five consecutive years, effective November 12, 2026, through November 11, 2031. This decision was made by the Board of Directors, subject to shareholder approval, based on the recommendation of the Nomination and Remuneration Committee. Mr. Malani holds an M.S. in Computer Science and is not related to any other directors. He is not debarred from holding a directorship by any regulatory authority.

Key Highlights

  • Independent Director re-appointed for a second 5-year term.
  • Term commences November 12, 2026, and ends November 11, 2031.
  • Appointment subject to shareholder approval.
  • Director is not related to other board members.
  • Director is not barred from holding office by any authority.