500402 re-appoints T.S. Sivashankar as Independent Director

The Board of Directors of 500402, in its meeting on May 28, 2026, approved the re-appointment of Mr. Tiruvidaimarudhur Srivatsan Sivashankar (DIN: 02720714) as a Non-Executive Independent Director. This re-appointment is for a second and final term of one year, effective from June 8, 2026, to June 7, 2027, and is subject to shareholder approval. Mr. Sivashankar is a financial services professional with over 30 years of experience, having held senior roles at Citibank and as a former MD at Rohatyn Group. The Board also considered and approved the Audited Standalone and Consolidated Financial Statements for the quarter and year ended March 31, 2026, with an unmodified audit opinion.