Choice International Limited announced the appointment of Mrs. Barnali Mukherjee as an Additional (Non-Executive) Independent Director, effective March 27, 2026. This move follows a recommendation from the Nomination & Remuneration Committee. Mrs. Mukherjee brings over 30 years of experience in finance and regulatory matters from her tenure at SEBI. She will hold office until the members’ approval, after which she is slated for a five-year term.
Board Expansion and Appointment Details
Choice International Limited has formally disclosed the appointment of a new director to its Board. The Board has approved the induction of Mrs. Barnali Mukherjee (DIN: 11063352) as an Additional (Non-Executive) Independent Director. The effective date for this appointment is March 27, 2026.
The appointment was made based on the recommendation of the Nomination & Remuneration Committee. Mrs. Mukherjee will initially hold office until the members provide their approval during the next three-month window. Subsequently, she is proposed to be appointed as a regular Non-Executive Independent Director for a tenure of five consecutive years, pending member sanction.
Profile of the Appointed Director
Mrs. Barnali Mukherjee possesses an extensive background, encompassing more than 30 years of experience focused on finance and regulatory aspects pertaining to the securities market. She is a qualified Company Secretary and holds a Commerce degree.
Her significant career includes a tenure at SEBI (Securities and Exchange Board of India) from 1994 to 2024, where she retired as a Chief General Manager. During her service, she managed critical functions such as policy formulation, regulation of financial markets, ensuring compliance across companies and intermediaries, and handling investor issues, regulatory violations, and enforcement actions, including insider trading matters.
Currently, she also serves as a Public Interest Director at the India International Clearing Corporation (IFSC) Limited. Her deep expertise in regulation, governance, and capital markets is expected to provide valuable insight to the Board and its associated Committees.
Confirmation of Compliance Status
The company confirms that, in alignment with regulatory guidelines, Mrs. Barnali Mukherjee is not debarred from holding the office of a director by virtue of any order issued by any regulatory authority.
Furthermore, the disclosure regarding relationships between directors confirms that there are No Applicable Disclosures (NA) concerning her relationships with existing directors.
Source: BSE
