PVR INOX Limited is reshaping its board as part of a measured governance refresh. The company’s board approved the appointment of Shuva Mandal as an Independent Director for five consecutive years starting 23 July 2026, subject to the members’ approval at the upcoming AGM. In parallel, the board noted the resignation of Dinesh Hasmukhrai Kanabar as an Independent Director, effective at the close of business on 24 July 2026. The moves prompted a re-configuration of key board committees to ensure a smooth transition and continued governance discipline.
Shuva Mandal brings more than two decades of experience across India’s leading law firms and corporate governance, with notable roles including Group General Counsel of Tata Sons, and senior stints at Shardul Amarchand Mangaldas & Co. and AZB & Partners. His broad exposure to mergers and acquisitions, securities law, governance, and cross-sector work aligns with PVR INOX’s strategy of strengthening oversight as it navigates a dynamic industry landscape.
Dinesh Hasmukhrai Kanabar’s resignation letter frames the step as a rationalisation of his other professional commitments, including a global role with Ryan Tax LLC. Beyond his tenure at PVR INOX, the attachment notes he holds independent-director positions at Adani Green Energy Limited and Reliance Industries Limited, where he has served on committees such as Audit and Nomination & Remuneration. The board’s immediate response includes inducting Shuva Mandal into the Audit Committee as a Member and designating Vishesh Chander Chandiok as Audit Committee Chair, alongside nominating Mandal as a member of the Nomination and Remuneration Committee.
Together, the moves reflect a governance-focused pivot as PVR INOX sustains continuity across its leadership and committees, signaling a deliberate approach to board balance and oversight as it continues to execute on growth plans.