Spacenet Enterprises Reconstitutes Audit Committee to Strengthen Corporate Governance
Spacenet Enterprises India Limited has approved the reconstitution of its Audit Committee of the Board of Directors. The decision was made by a circular resolution passed by the Board on August 12, 2026.The change in the committee structure aims to strengthen corporate governance and ensure continuous compliance with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reconstitution takes immediate effect from the date of Board approval.
The newly constituted Audit Committee comprises three independent directors.
Key details regarding the new Audit Committee composition are presented below:
| Name | Designation | Category |
|---|---|---|
| Mr. Deenadayal Tripurasetty | Chairperson | Independent Director |
| Ms. Anima Rajmohan Nair | Member | Independent Director |
| Mr. Sarat Kumar Mallik | Member | Independent Director |
SPCENET Stock Price Movement
Shares of Spacenet Enterprises India Limited are tumbling as of 12:21 PM, shedding ₹0.12 or 3.14% in live trading and currently holding at ₹3.70. The stock remains within its intraday range, having traded between a low of ₹3.66 and a high of ₹3.86.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.
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