
Management Change14 Oct 2026, 07:10 pm
Vineet Laboratories Appoints Avula Navaneeswara Reddy as Director
AI Summary
Vineet Laboratories Ltd has announced the appointment of Mr. Avula Navaneeswara Reddy as a Non-Executive Non-Independent Director. The appointment, effective October 14, 2026, was approved by the Board of Directors via a circular resolution based on the recommendation of the Nomination and Remuneration Committee. This appointment is subject to shareholder approval at the upcoming general meeting. Mr. Reddy holds a Bachelor of Arts degree and is not related to any existing Directors or Key Managerial Personnel. He holds 80 equity shares in the company and is not debarred from holding a director's office by any regulatory authority.
Key Highlights
- Avula Navaneeswara Reddy appointed as Non-Executive Non-Independent Director.
- Appointment effective from October 14, 2026.
- Subject to shareholder approval at the next general meeting.
- Director is not related to any existing Directors or KMP.
- Director holds 80 equity shares in the company.
Price Impact
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