Key Action
Board of Directors approved the appointment of Mr. Nikhilesh Panchal (DIN: 00041080) as an Additional Director designated as an Independent Director.
Approval Details
- Based on recommendations of the Nomination and Remuneration Committee
- Subject to approval of Shareholders of the Company
- Approved at Board Meeting held on Thursday, August 6, 2026
Term of Appointment
- Five consecutive years
- Commencing from August 14, 2026
Shareholder Approval Process
The Company shall seek approval of Shareholders through Postal Ballot.
Meeting Details
- Meeting commenced at 10:00 a.m.
- Meeting concluded at 2:15 p.m.
Director Profile - Mr. Nikhilesh Panchal
- Practicing lawyer with more than 35 years of experience
- Registered Advocate with Bar Council of Maharashtra & Goa
- Registered Solicitor with Bombay Incorporated Law Society and Law Society of England & Wales, United Kingdom
- Registered Patent and Trademark Attorney
- Holds master's degree in law
- Partner at M/s Khaitan & Co since 2005
- Previously partner at M/s Little & Co.
Areas of Expertise
- Corporate & Commercial laws
- Acquisitions, mergers and amalgamations
- Capital market transactions including primary market transactions involving domestic and international capital raising process by Indian companies
- Secondary market transactions including takeover, buyback, delisting and capital reduction
- Foreign collaborations, joint ventures and technology transfers involving Intellectual Property
- Matters connected to procedures under Foreign Exchange Management Act (FEMA)
Document Availability
The information is available on the company website at www.bluestarindia.com