ReferIndia News Nelcast Board Approves Re-appointment of Independent Director and Notes Retirement of D. Sesh Reddy

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Nelcast Board Approves Re-appointment of Independent Director and Notes Retirement of D. Sesh Reddy

Published on: May 19, 2026, 6:18 a.m. | Source: scanx.trade

Nelcast Limited's board, at its meeting on 18th May 2026, approved the re-appointment of Mr. R. Sridharan as Non-Executive Independent Director for a second term of 5 consecutive years from 23rd May 2027 to 22nd May 2032, subject to shareholder approval. Mr. A. Balasubramanian, retiring by rotation, has offered himself for reappointment at the Annual General Meeting on 27th July 2026. Mr. D. Sesh Reddy has expressed his unwillingness to seek reappointment and will retire at the conclusion of the ensuing Annual General Meeting, with the board recording its appreciation for his contributions.

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