Board notes independent director's resignation; appoints Santosh Muchhal as additional independent director
Board meeting of InfoBeans Technologies held on Saturday, 17th October, 2026, from 07:00 P.M. to 07:30 P.M.
By ScoutQuest · · 2 min read
- Appointment
- Santosh Muchhal (DIN: 00645172) appointed Additional & Non-Executive Independent Director w.e.f. 17th October, 2026
- Resignation
- Sumer Bahadur Singh (DIN: 07514667) resigned as Non-Executive Independent Director on attaining age of 75 years
- Director Profile
- Senior member of ICAI with over 34 years of professional experience
A short board meeting, from 07:00 P.M. to 07:30 P.M. on Saturday, 17th October, 2026, produced two changes in the independent director ranks of InfoBeans Technologies.
What the Board did
- Appointed Mr. Santosh Muchhal (DIN: 00645172) as an Additional & Non-Executive Independent Director with effect from 17th October, 2026. The appointment is subject to the approval of the shareholders.
- Took note of the resignation of Mr. Sumer Bahadur Singh (DIN: 07514667) as a Non-Executive Independent Director, due to attainment of the age of 75 years.
Who is the incoming director
- Mr. Muchhal is a senior member of the Institute of Chartered Accountants of India with over 34 years of professional experience.
- He is the co-founder of Muchhal & Gupta, Chartered Accountants.
- He currently serves on the Board of Directors of the Indore Management Association.
- He has also served as an Independent Director on the boards of several listed and unlisted companies.
How to read this
- Both items are board-level changes. One seat is being filled as another is vacated; the resignation was recorded as arising from the director reaching the age of 75 years, and the update attributes no other reason to it.
- Because the new appointment is an additional directorship, it takes effect from 17th October, 2026 but is subject to shareholders approving it. That approval is the next formal step.
- The incoming director brings an accountancy background (a chartered accountant with over 34 years of professional experience) and prior independent director experience on other boards, which is the relevant experience for a board oversight role.
- The update is an outcome statement: the names, the effective date and the reasons are given, and no financial terms or commercial arrangements are attached to either change.
What is not affected by this update
- Nothing here relates to the company's operations, orders, revenue or capital. It is a governance disclosure about who sits on the Board.
Also from Infobeans Technologies
InfoBeans achieves Select Partner tier in the Claude Partner Network Services Track
21 Oct 2026
Earns EcoVadis Bronze Medal, rated among top 35% of companies assessed globally
20 Oct 2026
Board approves Santosh Muchhal as Additional & Non-Executive Independent Director for 05 years
17 Oct 2026
More numbers
- Professional experience of incoming independent directorover 34 years
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