The Board of Directors, based on the Nomination and Remuneration Committee's recommendations, approved the re-appointments at their meeting held on 28th May 2026.
The shareholders approved the re-appointments with requisite majority at the 41st Annual General Meeting (AGM) held on 30th July 2026.
The re-appointments are effective from 10th August 2026 to 09th August 2031 (a second term of five consecutive years for each director).
Directors Re-appointed
Ms. Gangapriya Chakraverti (DIN: 00378385)
Originally joined the board on 10th August 2022.
Current roles: Chairman of the Nomination and Remuneration (N&R) Committee, Chairman of the CSR Committee, and member of the SRC Committee.
Profile: Over three decades of corporate experience with roles at Murugappa Group and Ford Motor Company's Business Services organization. Expertise in leadership development, change management, executive coaching, total rewards, and diversity and inclusion.
Education: Bachelor's degree in Arts (Psychology) from Women's Christian College, Chennai; Master's degree in Personnel Management and Industrial Relations from Tata Institute of Social Sciences, Mumbai; Executive Coach credential from the International Coaching Federation; Certified Diversity Professional.
Awards: Women of World Awards 2023 in the Business Leadership category by The Hindu.
Not related to any other directors of the company and not debarred from holding directorship.
Mr. Heramb Ravindra Hajarnavis (DIN: 01680435)
Originally appointed as an Independent Director effective 10th August 2022.
Profile: Founder and Managing Partner of SeaLink Capital Partners (SCP), an investment firm focused on technology-enabled business services, healthcare services, and cross-border opportunities. Former head of KKR's Indian private equity business (2010-2014).
Education: S.B. from Massachusetts Institute of Technology (MIT); MBA from Harvard Business School (HBS); Aspen Institute Fellowship (2008).
Other directorships: Independent Director on the board of Sundram Fasteners Limited; Additional Director on the board of JM Financial Asset Management Limited.
Not related to any other directors of the company and not debarred from holding directorship.
Additional Information
The directors are not liable to retire by rotation.
A detailed annexure (Annexure A) is provided with the disclosure.
The intimation is available on the company's website at www.indianippon.com.
The letter was issued by S Logitha, Company Secretary (Membership No. A29260), on 31st July 2026.
