The Board of Directors of E.I.D. – Parry (India) Limited has consented to the re-appointment of Mr. T Krishnakumar as an Independent Director. This second term will span five consecutive years, running from May 6, 2026, to May 5, 2031, pending shareholder approval via a postal ballot. Mr. Krishnakumar, who holds an MBA from IIM Bangalore, brings over four decades of rich experience in corporate strategy and governance to the Board.
Board Approves Director Re-appointment
During the Board of Directors meeting held on March 11, 2026, the Board officially accorded its consent for the re-appointment of Mr. T Krishnakumar (DIN: 00079047) to continue serving as an Independent Director of E.I.D. – Parry (India) Limited. The Nomination and Remuneration Committee had previously reviewed and recommended this reappointment.
Term and Shareholder Approval
The proposed second term for Mr. Krishnakumar covers five consecutive years, commencing on May 6, 2026, and concluding on May 5, 2031 (both dates inclusive). This action is conditional upon receiving the necessary approval from the company’s shareholders, which the company plans to solicit through a postal ballot process.
It was confirmed that Mr. Krishnakumar is currently not debarred from holding the office of a director by any regulatory order.
Profile Highlights of Mr. T Krishnakumar
Mr. Krishnakumar possesses strong academic credentials, including a BE (Hons) and a Post-Graduate Diploma in Management (MBA) from the Indian Institute of Management, Bangalore, alongside an Advanced Management Program from The Wharton School, USA.
His professional tenure spans over four decades, marked by extensive leadership experience in reputed companies. His expertise is concentrated in critical areas such as corporate and business strategy, general management, marketing, sales, supply chain management, product development, and regulatory compliance. The Board noted that Mr. Krishnakumar is not related to any other Directors currently serving on the company’s Board.
Meeting Details
The Board meeting where this decision was finalized commenced at 2:30 pm and concluded at 4:30 pm on the date of the announcement.
Source: BSE
