Pune, India – February 4, 2025 – Sintercom India Limited has announced significant changes to its board and leadership structure following a meeting held on Tuesday. The company confirmed the appointment of legal professional Partha Pati as an Independent Director and approved the restructuring of key board committees.
Partha Pati Joins as Independent Director
Sintercom India has appointed Partha Pati as an Additional Director, designated as a Non-Executive and Independent Director for a five-year term. The decision, recommended by the Nomination and Remuneration Committee, is subject to shareholder approval within three months.Pati, a seasoned legal expert, brings over 15 years of experience in corporate, employment, environmental, and cyber law. He has been associated with M/s Abhay Nevagi & Associates LLP for over a decade and holds a BBA LLB, along with diplomas in International Business Laws and Cyber Laws. His expertise in regulatory compliance and contract law is expected to bolster Sintercom’s corporate governance initiatives.
Managing Director’s Remuneration Approved
The board has also approved the remuneration structure for the company’s Managing Director for the financial years 2025-26 and 2026-27, subject to shareholder approval.Board Committees Reconstituted
Following Pati’s appointment, Sintercom has restructured its Audit, Nomination & Remuneration, and Corporate Social Responsibility (CSR) Committees.Revised Board Committee Compositions
Audit Committee
- Chairperson: Mrs. Revati Purohit (Independent Director)
- Member: Mr. Partha Pati (Independent Director)
- Member: Mr. Jignesh Raval (Managing Director)
Nomination & Remuneration Committee
- Chairperson: Mr. Dara Kalyaniwala (Independent Director)
- Member: Mrs. Revati Purohit (Independent Director)
- Member: Mr. Hari Nair (Non-Executive Director & Chairperson)
Corporate Social Responsibility (CSR) Committee
- Chairperson: Mr. Partha Pati (Independent Director)
- Member: Mr. Hari Nair (Non-Executive Director & Chairperson)
- Member: Mr. Jignesh Raval (Managing Director)
Strategic Outlook
With these leadership changes, Sintercom India aims to strengthen governance, enhance regulatory compliance, and drive strategic growth initiatives. The company has reiterated its commitment to corporate transparency and regulatory adherence, confirming that Pati is fully compliant with SEBI norms.The board’s decisions are expected to enhance investor confidence and align with the company’s long-term vision. Further details are available on the company’s official website.
