
Corporate Governance25 Jun 2026, 09:50 pm
PPAP Automotive Ltd Reconstitutes Board Committees, Appoints New Director
AI Summary
PPAP Automotive Ltd announced the reconstitution of its Board Committees and the appointment of Mrs. Meeta Makhan as an Additional Director (Independent). Mrs. Makhan's appointment is effective June 25, 2026, and she will serve until the conclusion of the Annual General Meeting, with a term as Independent Director extending up to June 24, 2028, subject to shareholder approval. She brings over 25 years of experience in banking and financial services. The company also updated the composition of its Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee.
Key Highlights
- Mrs. Meeta Makhan appointed as Additional Director (Independent).
- New director brings over 25 years of banking and financial services experience.
- Board Committees including Audit and NRC have been reconstituted.
- Director's term is for two years, subject to shareholder approval.
Price Impact
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