Management Change7 Sept 2026, 05:40 pm
Vaarad Ventures Appoints Mahendra Sanghvi as Independent Director
AI Summary
Vaarad Ventures Limited announced the appointment of Mr. Mahendra Jagmohan Sanghvi as an Additional Director (Non-Executive, Independent Director) following a Board Meeting held on September 7, 2026. The appointment is for an initial term of five years, subject to shareholder approval at the upcoming 32nd Annual General Meeting. Mr. Sanghvi brings experience in business administration, corporate management, finance, governance, and strategic planning. He has confirmed his independence and is not debarred from holding a director position by any statutory authority.
Key Highlights
- Vaarad Ventures appointed Mahendra Jagmohan Sanghvi as Independent Director.
- The appointment is for a five-year term, subject to member approval.
- Mr. Sanghvi has experience in business administration and corporate management.
- He meets independence criteria under Companies Act and SEBI regulations.
- The Board Meeting also took note of his declarations and disclosures.
Price Impact
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