OnEMI Technology Solutions Limited has appointed Mr. Venkatadri Chandrasekaran as an Additional Non-Executive Independent Director. His tenure is for 3 years, commencing November 14, 2026. Mr. Chandrasekaran brings over 3 decades of experience in finance and investment, including leadership roles at LIC. His appointment is subject to shareholder approval and is intended to strengthen the company’s board oversight.
Board Enhances Governance with New Independent Director
OnEMI Technology Solutions Limited has announced the appointment of Mr. Venkatadri Chandrasekaran (DIN: 03126243) as an Additional Non-Executive Independent Director. This strategic move, approved by the Board of Directors following a recommendation from the Nomination & Remuneration Committee, aims to bolster the company’s governance framework.
Director’s Profile and Tenure
Mr. Chandrasekaran’s appointment marks his first term of 3 consecutive years, beginning on November 14, 2026, and concluding on November 13, 2029. He will not be subject to retirement by rotation. This appointment is subject to the requisite approval from the shareholders of the company.
A qualified Chartered Accountant, Mr. Chandrasekaran possesses extensive experience spanning over 3 decades in Life Insurance Finance, Housing Finance, and Mutual Fund Investment. His career includes significant involvement in investment decision-making, monitoring, accounting, and risk management, supported by his background as a Fellow Member of the Institute of Chartered Accountants of India. He has accumulated 32 years of experience in finance and investment functions at the Life Insurance Corporation of India (LIC), retiring as an Executive Director (Investment) in October 2017.
The company has confirmed that Mr. Chandrasekaran is not debarred from holding directorship by any regulatory authority. Furthermore, he is not related to any of the existing directors on the board of OnEMI Technology Solutions Limited.
Next Steps
The company will be issuing a Postal Ballot Notice to seek shareholders’ approval for Mr. Chandrasekaran’s appointment. The Board Meeting where these decisions were made commenced at 11:30 a.m. (IST) and concluded at 11:50 a.m. (IST) on November 14, 2026.
Source: BSE
