Vindhya Telelinks Approves Appointment and Reappointment of Non-Executive Independent Directors at Annual General Meeting
Vindhya Telelinks Limited confirmed the appointment and re-appointment of two key individuals as Non-Executive Independent Directors (NEDs) during its 43rd Annual General Meeting (AGM), which was held on August 3, 2026. The company made provisions for both directors regarding their respective terms of service.Shri Pandanda Kariappa Madappa was appointed as a Non-Executive Independent Director for a first term of five consecutive years, effective from May 23, 2026, until May 22, 2031. Shri Priya Shankar Dasgupta received re-appointment as a Non-Executive Independent Director for a second term of five consecutive years, with the tenure running from November 21, 2026, to November 20, 2031.
The voting results for these resolutions indicated that while the appointments did not secure the requisite majority of votes, the number of votes cast in favour of the resolution exceeded the votes cast against it, confirming their appointment under Regulation 25(2A) after public shareholder votes were tabulated. The company confirmed that both Shri Madappa and Shri Dasgupta are unbarred from holding director offices by any order from SEBI or other relevant authorities.
The appointments and profiles of the directors were detailed as follows:
| Particulars | Shri Pandanda Kariappa Madappa (Non-Executive, Independent Director) | Shri Priya Shankar Dasgupta (Non-Executive, Independent Director) |
|---|---|---|
| Change Reason | Appointment | Re-appointment |
| Term of Tenure | First term of Five years, effective May 23, 2026 to May 22, 2031. | Second term of Five years, effective November 21, 2026 to November 20, 2031. |
| Profile Summary | Holds a Bachelor of Commerce (B.COM) from St. Xaviers College, Kolkata, is a Chartered Accountant, and holds an MBA from William E. Simon Graduate School of Business, University of Rochester, USA. He currently serves as the Managing Director of Macmet Engineering Limited and is a promoter in ETA Aerospace Pvt. Ltd. | Possesses a Bachelor of Law (LLB) from Delhi University and a B.A. Economics Hons. from Delhi University. With experience since 1978, he founded New Delhi Law Offices in 1992. He is a specialist in structuring Joint Ventures and Foreign Collaborations, and holds associations with educational institutes in UAE and India. |
| Relationships | None disclosed | None disclosed |
VINDHYATEL Stock Price Movement
Vindhya Telelinks Limited shares tumbled today, closing down 1.64% to settle at ₹2,336.60, marking a decline of ₹39.00 from its previous close. The equity saw robust trading activity, with the stock fluctuating between an intraday low of ₹2,300.10 and a high of ₹2,467.70 on 225,961 shares traded today.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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