Management Change10 Jun 2026, 10:01 pm
STL Networks CEO Resigns, Interim CEO Appointed
AI Summary
STL Networks Ltd announced the resignation of its Whole-Time Director, Mr. Pankaj Malik, effective June 10, 2026. Mr. Malik will continue to serve for a three-month transition period. Concurrently, the board approved the appointment of Mr. Chandrasekhara Rao Battula as an Additional Director and Interim Chief Executive Officer (Whole Time Director and KMP) for a term of one year, subject to member approval. The company also reconstituted several board committees to reflect these changes.
Key Highlights
- CEO Pankaj Malik resigns, will serve a 3-month transition.
- Chandrasekhara Rao Battula appointed Interim CEO and Additional Director.
- Battula's appointment is for a 1-year term, subject to member approval.
- Board committees reconstituted following the changes.
Price Impact
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