Board Reconstitutes Six Committees Effective September 25, 2026
The Board approved reconstitution of 6 committees with effect from September 25, 2026 — Stakeholders Relationship, Risk Management, CSR, Asset Liability Management, Finance & Investment, and Share Transfer.
By ScoutQuest · · 1 min read
- Effective Date
- September 25, 2026
- Number of Committees Reconstituted
- 6
- Committees
- Stakeholders Relationship, Risk Management, CSR, Asset Liability Management, Finance & Investment, and Share Transfer
- Stakeholders Relationship Committee Chair
- Mr. Alok Prasad (Independent Director)
- Risk Management Committee Chair
- Mr. Alok Prasad (Independent Director)
What was shared
The Board of Directors approved the reconstitution of certain Board Committees with effect from September 25, 2026, disclosed under Regulation 30 of SEBI LODR.
New composition
- Stakeholders Relationship Committee: Mr. Alok Prasad (Chairperson, Independent Director); Mr. Yash Kaushik Shah (Independent Director); Mr. Aalok Jayendra Patel (Vice Chairman & Managing Director).
- Risk Management Committee: Mr. Alok Prasad (Chairperson, Independent Director); Mr. Aalok Jayendra Patel; Mr. Moorthy Govindrajan (Chief Risk Officer).
- Corporate Social Responsibility Committee: Mr. Pinakin Shah (Chairperson, Independent Director); Ms. Geeta Solanki (Independent Director); Mr. Aalok Jayendra Patel.
- Asset Liability Management Committee: Mr. Aalok Jayendra Patel (Chairperson); Mr. Vivek Modi (Executive Director & Group CFO); Mr. Moorthy Govindrajan.
- Finance & Investment Committee: Mr. Aalok Jayendra Patel (Chairperson); Mr. Vivek Modi; Mr. Atul Patel (Chief Accountant).
- Share Transfer Committee: Mr. Aalok Jayendra Patel (Chairperson); Mrs. Rita Patel (Non-Executive Director).
How to read it
Board committees handle specific areas such as investor grievances, risk oversight, asset-liability matching and share transfers. Reconstitution means changing who sits on them. This is an internal governance and administrative matter; the update states no change to business operations or finances.
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More numbers
- Committees reconstituted6
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