StockWatch
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Plastic Products - Industrial
Corporate Governance31 Aug 2026, 08:01 pm

Sri KPR Industries Reconstitutes Audit & Remuneration Committees

AI Summary

Sri KPR Industries Ltd announced the reconstitution of its Audit Committee and Nomination and Remuneration Committee, effective October 1, 2026. This change follows the expiry of the second and final term of the present Chairman, Mr. Naveena Thammishetty Chandra, on September 30, 2026. Mr. Amarnath Narsing Rao Basha, an Independent Director, will take over as Chairman of the Audit Committee and become a Member of the Nomination and Remuneration Committee. Mr. Sudhakar Chittepu will assume the role of Chairperson of the Nomination and Remuneration Committee. These changes were approved by the Board of Directors on August 31, 2026, based on recommendations from the Nomination and Remuneration Committee.

Key Highlights

  • Audit and Remuneration Committees reconstituted effective Oct 1, 2026.
  • Chairman Mr. Naveena Thammishetty Chandra to cease directorship Sep 30, 2026.
  • Mr. Amarnath Narsing Rao Basha appointed Chairman of Audit Committee.
  • Mr. Sudhakar Chittepu appointed Chairperson of Remuneration Committee.
  • Changes align with director term expiry and committee recommendations.