Independent Director Prof. Rajiv Lal ceases office on completion of his second term
KPIT Technologies has informed the exchanges that Prof. Rajiv Lal (DIN: 09360601) completed his 2nd term as an Independent Director on October 31, 2026.
By ScoutQuest · · 1 min read
- Cessation Date
- October 31, 2026 (end of business hours)
- DIN
- 09360601
- Reason for Cessation
- completed his 2nd term as an Independent Director
What the update says
KPIT Technologies has disclosed that Prof. Rajiv Lal (DIN: 09360601) completed his 2nd term as an Independent Director of the Company on October 31, 2026. As a result, he has ceased to be a Director of the Company with effect from the end of business hours of that date.
Three roles end together
- Independent Director on the board of KPIT Technologies Limited.
- Director of KPIT Technologies Inc., described in the update as a material unlisted subsidiary of the Company.
- Member of the Nomination & Remuneration (HR) Committee of the Company.
The stated reason
The update attributes the change to completion of his second term as an Independent Director. The disclosed reason for cessation is the end of that term.
Why an independent director's term ends this way
Independent directors are appointed for fixed terms. When a term runs its full course, the director steps down on the scheduled date. The update records the cessation date as October 31, 2026, after the end of business hours.
What investors may watch
A board seat and a committee seat become vacant. The update is a disclosure of the change and its reason; it does not set out any replacement or the timeline for one.
How to read this
This is a routine board-composition update arising from the scheduled end of a tenure, disclosed under the listing regulations.
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