Blue Star Limited has announced the appointment of Mr. Nikhilesh Panchal as an Additional Director, designated as an Independent Director. This appointment is for a term of five consecutive years, commencing from August 14, 2026, subject to shareholder approval. Mr. Panchal brings over 35 years of experience in law, including expertise in corporate law, capital markets, and intellectual property.
New Independent Director Appointed
Blue Star Limited has announced a significant change in its directorship. At a Board Meeting held on August 6, 2026, the Board of Directors approved the appointment of Mr. Nikhilesh Panchal (DIN: 00041080) as an Additional Director. He will serve as an Independent Director for a term of five consecutive years, with his tenure set to begin on August 14, 2026.
This appointment is subject to the necessary approval from the Company’s Shareholders, which will be sought through a Postal Ballot.
About Mr. Nikhilesh Panchal
Mr. Nikhilesh Panchal is a seasoned legal professional with over 35 years of experience. He is a registered Advocate with the Bar Council of Maharashtra & Goa and a registered Solicitor with the Bombay Incorporated Law Society. He also holds registrations with the Law Society of England & Wales, and is a registered Patent and Trademark Attorney. Mr. Panchal possesses a Master’s degree in law.
His professional experience includes:
- A partner at M/s Khaitan & Co since 2005.
- Prior to that, he was a partner at M/s Little & Co.
- Extensive experience in Corporate & Commercial laws, particularly in acquisitions, mergers, amalgamations, and capital market transactions.
- Involvement in domestic and international capital raising, secondary market transactions, buybacks, delisting, and capital reduction.
- Substantial experience in foreign collaborations, joint ventures, technology transfers, and matters related to Intellectual Property.
- Familiarity with procedures under the Foreign Exchange Management Act (FEMA).
Mr. Panchal is not related to any other Director of Blue Star Limited and is not debarred from holding the office of Director by any SEBI order or any other authority.
Source: BSE
