PUSHPSONS INDUSTRIES LTD.
Key Development: Appointment of Additional Director
Mr. Prashant Vyas (DIN: 12016887) has been appointed as an Additional Director (Non-Executive Independent Director) on the Board of Pushpsons Industries Ltd.
Details of Appointment
- Effective Date: The appointment is effective from 12th November, 2026.
- Term: The initial term is for 5 (five) consecutive years, from 12th November 2026 to 11th November 2031.
- Status: The appointment is subject to the approval of the shareholders of the Company, which will be sought through a Postal Ballot process.
- Legal Basis: The appointment was made pursuant to sections 149, 150, 152 read with Schedule IV and Section 161(1) read with the Companies (Appointment and Qualifications of Directors) Rules, 2014, and other applicable provisions.
Director Profile and Relationships
- Brief Profile: Mr. Prashant Vyas is a Chartered Accountant with over 22 years of professional experience, predominantly in the power sector. He has worked across reputed public sector organisations, including NHPC, Indraprastha Power Generation Company Limited (IPGCL), Pragati Power Corporation Limited (PPCL), and KRIBHCO. He progressed to the position of Deputy General Manager (Finance) and served as Chief Financial Officer of IPGCL and PPCL for over seven years. His expertise includes corporate taxation, financial reporting, treasury management, project finance, procurement, and regulatory compliance in the power sector. He is currently working as an Arbitrator and in consulting services.
- Relationships: Mr. Prashant Vyas is not related to any of the existing Directors of the Company.