Destiny Logistics & Infra Limited Appoints New Director and Registers Key Board Changes
Destiny Logistics & Infra Limited has announced significant changes to its board composition following a recent meeting of directors, involving both an appointment and a resignation from key positions.The company's board approved the appointment of Mr. Santanu Kumar Rai as an Additional (Independent and Non-Executive) Director. The appointment is effective from June 9, 2026, and is subject to subsequent approval by members in the ensuing General Meeting.
Mr. Rai was appointed after being considered by the Nomination and Remuneration Committee of the company. In terms of his profile, Mr. Santanu Kumar Rai holds over three years of experience in operations and administration.
The details of the new appointment are presented below:
| Particulars | Details |
|---|---|
| Reason for Change | Appointment as Additional (Independent Non-Executive) Director |
| Date of Appointment | 09.06.2026 |
| Term of Appointment | Effective from June 9, 2026, subject to member approval |
| Profile Detail | More than three years of experience in operations and administration |
Resignation of Non-Executive Director
Additionally, the company confirmed the resignation of Mr. Shir Sagar Pandey from his position as Non-Executive Independent Director. The resignation is effective as of close of business hours on Tuesday, June 9, 2026.Mr. Pandey cited other professional commitments as the reason for stepping down from the role. The filing also noted that Mr. Pandey holds no directorships in other listed entities.
The details regarding Mr. Pandey’s resignation are summarized here:
| Particulars | Details |
|---|---|
| Reason for Change | Resignation due to other professional commitments |
| Date of Cessation | Close of business hours on June 9, 2026 |
| Other Directorships | None |
DESTINY Stock Price Movement
Shares of Destiny Logistics & Infra Limited hold steady in live trading, currently priced at ₹105.90 as the clock hits 1:23 PM today. The stock has seen a volume of 24,000 units traded so far across its current market session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.