Shareholders approve board changes at 39th AGM: MD re-appointment, independent director's second term, new Wholetime Director
Dilip Ramdas Pawar re-appointed Non-Executive Independent Director for a second term of 5 years (Aug 13, 2026 to Aug 12, 2031).
By ScoutQuest · · 1 min read
- Dilip Ramdas Pawar Re-appointment
- Non-Executive Independent Director for 5 years (Aug 13, 2026 to Aug 12, 2031)
- Danny Firoze Hansotia Re-appointment
- Managing Director for 3 years (Dec 1, 2026 to Nov 30, 2029)
- Anil Krushnadas Parekh Regularisation
- Regularised as Director effective Sept 23, 2026
- Anil Krushnadas Parekh Appointment
- Appointed Wholetime Director effective Sept 23, 2026
What was approved
At the 39th Annual General Meeting held on Wednesday, September 23, 2026 through video conferencing, shareholders approved four changes relating to the board.
- Dilip Ramdas Pawar re-appointed as Non-Executive Independent Director for a second term of 5 (five) consecutive years, from August 13, 2026 to August 12, 2031. Aged 59 years, he holds an MBA specialising in Marketing and has experience in marketing and business management.
- Danny Firoze Hansotia, who signs as Managing Director & CFO, re-appointed as Managing Director for 3 (Three) years, from December 1, 2026 to November 30, 2029. Aged 60 years, he worked as an auditor in India and overseas before promoting the company and is a chartered accountant.
- Anil Krushnadas Parekh regularised as Director with effect from September 23, 2026. He had been appointed as an Additional Director by the board with effect from August 14, 2026.
- Anil Krushnadas Parekh also appointed as Wholetime Director with effect from September 23, 2026. He is a B.Com and Chartered Accountant with more than 20 years of experience in audit, accounts and finance, and has been associated with 6 companies as Director and Designated Partner.
What it means for investors
This is continuity at the top: the Managing Director and an Independent Director continue for fresh terms, while the board adds an executive director with a finance and audit background. The company confirms none of these directors are debarred by SEBI or any other authority, nor disqualified under Section 164 of the Companies Act, 2013.
More numbers
- Independent Director second term length5 (five) consecutive years
- Managing Director re-appointment term3 (Three) years
- Age of Dilip Ramdas Pawar59 years
- Age of Danny Firoze Hansotia60 years
- Experience of Anil Krushnadas Parekhmore than 20 years
- Companies associated with Anil Krushnadas Parekh6 companies
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