Khyati Global Ventures Board Update: New Independent Director Appointed, Committees Restructured

Khyati Global Ventures Limited announced it has appointed Mr. Amit Futarmal Jain as an Independent Director, with an effective date of April 30, 2026. This appointment follows the resignation of Mr. Farhaad Dastoor from his role as Independent Director, effective April 29, 2026. The company's Board of Directors also restructured key committees, including the Audit Committee and the Nomination & Remuneration Committee, as part of these changes.

The appointment of Mr. Jain, proposed for a five-year term, is contingent upon shareholder approval, which will be sought at an upcoming meeting. This board reshuffling aims to enhance corporate governance, with independent directors providing an objective view and safeguarding investor interests.

Khyati Global Ventures, a diversified company involved in trading and finance, has experienced previous board transitions. The company has also faced scrutiny from the Securities and Exchange Board of India (SEBI) regarding listing compliance, including issues with disclosure norms and related party transactions.

With the new director appointment pending shareholder confirmation, the company's restructured committees will begin operating under the updated board framework. Investors will be watching the outcome of the shareholder vote closely. Past regulatory compliance issues, if not fully resolved, could continue to be a point of concern for market observers.

Future developments to track include the shareholder vote on Mr. Jain's directorship, the company's evolving strategy and oversight under the new board composition, and any further updates on SEBI compliance.