
Management Change27 May 2026, 07:32 pm
Prevest Denpro Appoints Sukhen Pal Babuta as Independent Director
AI Summary
Prevest Denpro Ltd has appointed Mr. Sukhen Pal Babuta as an Additional Director, serving as a Non-Executive Independent Director. The Board of Directors approved this appointment on May 27, 2026, for a five-year term, effective immediately, subject to shareholder approval. Mr. Babuta, a certified associate of the Institute of Chartered Accountants of India since 1987 and an insolvency professional, brings prior board experience from Punjab & Sind Bank. He is not related to any existing directors, key managerial personnel, or promoters of the company and is not debarred from holding a directorship by any authority.
Key Highlights
- Prevest Denpro appointed Mr. Sukhen Pal Babuta as an Independent Director.
- His term is for five years, effective May 27, 2026.
- Mr. Babuta is a Chartered Accountant and insolvency professional.
- He has prior board experience with Punjab & Sind Bank.
- He is independent and not related to company management.
Price Impact
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