Management Change24 Jul 2026, 12:18 pm
A. K. Kothari Ceases as Independent Director of Pilani Investment on July 25, 2026
AI Summary
Pilani Investment and Industries Corporation Ltd announced that Shri A. K. Kothari will cease to be an Independent Director of the company effective July 25, 2026, upon completion of his second consecutive five-year term. His re-appointment was approved at the 74th AGM on September 16, 2021, for a term ending July 24, 2026. Consequently, his memberships and chairmanships in various board committees will also cease. The company expressed appreciation for his contributions.
Key Highlights
- Independent Director A. K. Kothari's term ends July 24, 2026.
- He will cease to be an Independent Director from July 25, 2026.
- His committee memberships and chairmanships will also conclude.
- The company acknowledges his valuable contributions.
- This is a standard completion of tenure.
Price Impact
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