Tranway21 Technologies Ltd: Management Changes Announced
Tranway21 Technologies Ltd has announced significant changes in its management structure, effective September and October 2026, subject to shareholder approval. The company plans to re-appoint Mrs. Kalavathy Bylappa and Mr. Bharat as Directors liable to retire by rotation, and also as Managing Director and Whole-Time Director respectively for a five-year term. Additionally, Ms. Asha Diwakar and Ms. Priyanka Sethia are proposed to be appointed as Additional Directors in the category of Non-Executive Independent Directors for a term of five years. The company also noted the cessation of Mr. Chekodu Venkataraja as Non-Executive Independent Director, with his continuation as a Non-Executive Director.
Key Highlights
- Re-appointment of Mrs. Kalavathy Bylappa and Mr. Bharat as Directors and KMPs.
- Appointment of Ms. Asha Diwakar and Ms. Priyanka Sethia as Independent Directors.
- Cessation of Mr. Chekodu Venkataraja as Independent Director.
- All changes are subject to shareholder approval at the upcoming AGM.
- Board meeting concluded after discussing management changes.
Price Impact
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