Key Quantitative Figures

  • Board Meeting Duration: 1400 hours to 1530 hours

Dates of Action

  • Ministry of Defence Letter Date: October 1, 2026 (Letter No. 49016/03/2016-D (HAL-III))
  • Board Approval Date: October 7, 2026
  • Effective Date of Change: October 7, 2026

Parties Involved

  • Ministry of Defence, Department of Defence Production, Government of India (nominating authority)
  • Dr. K Rajalakshmi Menon (ceasing director)
  • Shri Anindya Biswas (appointed director)
  • Shailesh Bansal, Company Secretary & Compliance Officer (signing authority)

Cessation Details

  • Director: Dr. K Rajalakshmi Menon
  • Date of Cessation: October 7, 2026
  • Period Served: September 13, 2024 to October 7, 2026
  • Reason for Cessation: Nomination withdrawn by Ministry of Defence (being nominee director)

Appointment Details

  • Director: Shri Anindya Biswas
  • DIN: 11987154
  • Designation: Non-Executive Director [Government Nominee Director], Part-time Official Director
  • Date of Appointment: October 7, 2026
  • Term of Appointment: From October 7, 2026 until further orders of Ministry of Defence
  • Relationship: Not related to any other director of the Company
  • Eligibility: Not debarred from holding director office by any SEBI order or authority
  • Shareholding: Does not hold shares in the Company

Director Profile

Shri Anindya Biswas is DS & DG (Aero) at DRDO with extensive experience in indigenous design, development and production of avionic sub-systems for missile systems. He joined DRDO in 1992 and has contributed to development of various missile systems including glide bombs, anti-radiation missiles, surface to air missiles, ballistic missile defence systems, anti-ship missiles, and unmanned aerial vehicle launched missiles. He has received DRDO Young Scientists Award and Scientist of the Year Award. Educational qualifications include graduation in Electronics and Telecommunications from Bengal Engineering College, Shibpur and M.Tech in Electronics and Communication Engineering from IIT Kharagpur.

Financial Impact

No financial impact quantified in the disclosure.