Management Change25 Jun 2026, 06:10 pm
Photon Capital Advisors Appoints 5 Directors, Accepts Auditor Resignation
AI Summary
Photon Capital Advisors Ltd announced board approvals for several key changes. Five new directors have been appointed, including Sreeram Reddy Vanga as Chairman & Managing Director, and Venkatareddy Marella and Arpitha Mettu as Non-Executive Independent Directors. The company also accepted the resignations of five existing directors and the statutory auditors, M/s M. Anandam & Co. M/s. SNDJ & Co. has been appointed as the new statutory auditors. The board also approved the reconstitution of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee.
Key Highlights
- Five new directors appointed, including CMD and Independent Directors.
- Five existing directors have resigned from their positions.
- Statutory auditors M/s M. Anandam & Co. have resigned.
- M/s. SNDJ & Co. appointed as new statutory auditors.
- Board committees reconstituted, including Audit and Remuneration committees.
Price Impact
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