2 weeks ago
Elitecon International Names Eight Leaders to Strengthen Governance
Elitecon International has chosen eight people for important leadership and oversight jobs.
The company says the changes will help it prepare for future growth.
Pradeep Kumar will serve as Managing Director for five years.
Three people joined the Board as independent directors, including Prachi Gupta as a woman director.
Paramjeet Singh Gulati became an Executive Director.
Purva Jhanwar will manage company secretarial and compliance responsibilities.
Kusha Charan Swain will serve as Chief Financial Officer.
Neeraj Bajaj & Associates was appointed as Secretarial Auditor for a temporary period.
Some director appointments still need approval from the company’s members under applicable law.
Elitecon International approved eight leadership and governance appointments at its August 14 Board meeting.
Pradeep Kumar was appointed Managing Director for a five-year term ending August 13, 2031.
Prachi Gupta, Nisha and Suraj Singh joined as independent directors, with Gupta serving as a woman director.
Paramjeet Singh Gulati was appointed Executive Director, while Purva Jhanwar became Company Secretary and Compliance Officer.
Kusha Charan Swain was appointed Chief Financial Officer, and Neeraj Bajaj & Associates became Secretarial Auditor until the next Annual General Meeting.
- Who
- Elitecon International Limited and the eight appointed leaders and professionals, including Pradeep Kumar, Prachi Gupta, Nisha, Suraj Singh, Paramjeet Singh Gulati, Purva Jhanwar, Kusha Charan Swain, and Neeraj Bajaj & Associates.
- What
- The company announced eight appointments covering its Board, senior management, compliance, finance and secretarial audit functions.
- Where
- Bengaluru, where Elitecon International’s announcement was reported.
- When
- The appointments were approved and made effective on August 14; Kumar’s term runs through August 13, 2031.
- Why
- The company said the appointments would strengthen leadership, governance, compliance, finance and operations ahead of its next phase of growth.
Key facts
- Appointments announced
- Eight key appointments
- Approval date
- August 14
- Managing Director
- Pradeep Kumar, appointed for a five-year term ending August 13, 2031
- Independent directors
- Prachi Gupta, Nisha and Suraj Singh
- Executive Director
- Paramjeet Singh Gulati
- Chief Financial Officer
- Kusha Charan Swain
- Secretarial Auditor
- M/s Neeraj Bajaj & Associates, until the conclusion of the ensuing Annual General Meeting
Quotes
Pradeep Kumar
Managing Director of Elitecon International Limited
“the appointments represented a significant step towards building a stronger leadership and governance structure to support Elitecon International’s long-term growth plans.”
thehansindia.com
“the strengthened leadership would bring experience across governance, compliance, finance and operations.”
thehansindia.com
Sources
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