Key Resolution Approved
Shareholders approved via Special Resolution the re-appointment of Mr. Ravi Srinivasan (DIN: 07193935) as an Independent Director of the Company for a second term of five consecutive years commencing with effect from 1st November, 2026 up to 31st October, 2031.
Director Background and Qualifications
Mr. Ravi Srinivasan is an Indian Revenue Service officer of the 1978 batch who superannuated in 2014 as the Principal Chief Commissioner of Income Tax, serving as the top regional head for Tamil Nadu, Pondicherry, and Karnataka at the time of superannuation.
With more than 35 years of service, he has held senior management positions across India, including Director General of Income Tax (Investigation) for Karnataka and Goa. He possesses expertise in tax administration, management, investigation, corporate accounts, and judicial functions under the Income Tax Act, FEMA, Companies Act, FCRA, and PML Act.
He was deputed to the Ministry of Finance for 5 years (2004-09) in the administration of Forfeiture laws under the Narcotic Act and SAFEMFOPA. He has participated in international tax seminars organized by the IMF, Singapore, and exchange programs conducted by IIM Bangalore and the Wharton School of University of Pennsylvania, USA.
Governance Compliance
- Mr. Ravi Srinivasan is not related to any Directors or Key Managerial Personnel of the Company
- He is not debarred from holding director office by any SEBI or other authority order
- Compliance with BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018 confirmed
- Disclosure made in compliance with SEBI/HO/CFD lPoD2/ClRlPl0lSs dated November 1, 2024
Appointment Process
Based on the recommendation of the Nomination & Remuneration Committee and approval of the Board of Directors, followed by shareholder approval at the AGM. Mr. Srinivasan will not be liable to retire by rotation during his term.