Starlog Enterprises Approves Re-appointment of Independent Director and Appoints New Internal Auditor
Starlog Enterprises Limited, during a board meeting held on July 15, 2026, approved significant management appointments, including the re-appointment of Mr. Shankar Viswanathan as an Independent Director and the appointment of M/s Rahul D Shah & Co. as the Internal Auditor for the Financial Year 2026-27.The board meeting reviewed recommendations from both the Nomination & Remuneration Committee and the Audit Committee, approving key decisions regarding corporate governance and financial oversight.
Appointment of Independent Director
Based on the recommendation of the Nomination & Remuneration Committee, the Board approved the re-appointment of Mr. Shankar Viswanathan as a Non-Executive, Independent Director for his second term. This appointment is subject to shareholder approval.The details regarding Mr. Shankar Viswanathan and his qualifications are provided below:
| Particulars | Details |
|---|---|
| Name | Mr. Shankar Viswanathan (DIN: 09605508) |
| Type of Appointment | Re-appointment as an Independent Director |
| Term Duration | Five consecutive years |
| Effective Dates | From July 5, 2027, up to and including July 4, 2032 |
| Profile Highlights | Holds a Bachelor of Engineering (B.E. Mechanical) and a Master of Technology (M.Tech) degree. He possesses expertise in port operations, procurement planning, project execution and commissioning, general administration, and port management. His experience includes roles such as Superintending Engineer and Chief Engineer at Chennai Port Authority and Mormugao Port Authority. |
| Relationship Status | Mr. Shankar Viswanathan is not related to any of the other Directors of the Company. |
Internal Auditor Appointment
Furthermore, the Board of Directors approved the appointment of M/s Rahul D Shah & Co., Chartered Accountants (FRN: 145942W), as the Internal Auditor for the company for the Financial Year 2026-27.M/s Rahul D Shah & Co. was appointed during the meeting on July 15, 2026. Details regarding the newly appointed firm include:
| Particulars | Details |
|---|---|
| Name of Auditor | M/s Rahul D Shah & Co., Chartered Accountants (FRN: 145942W) |
| Period of Appointment | Financial Year 2026-27 |
| Profile Highlights | The firm is engaged in providing audit, taxation, compliance, and advisory services. They have experience in conducting internal audits, risk assessment reviews, process evaluations, and regulatory compliance assignments. |
Stock Price Movement
Trading ended for Starlog Enterprises Ltd on Wednesday, settling at ₹37.66 after an 0.86% gain. Shares navigated within an intraday range that spanned from a low of ₹37.34 up to a high of ₹37.93.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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