Shyam Telecom signals leadership continuity with Ajay Khanna’s MD re-appointment and Chhavi Prabhakar’s second Independent Director term

Shyam Telecom Limited has unveiled leadership continuity at the top, with a board resolution favoring stability in its governance slate. In a meeting conducted via virtual conference on August 11, 2026, the board approved the re-appointment of Ajay Khanna as Managing Director for a five-year term running from August 11, 2026 to August 10, 2031, and the re-appointment of Chhavi Prabhakar as Non-Executive Independent Director for a second term, for five years commencing from the conclusion of the forthcoming AGM and extending to the AGM held in 2031. Both appointments are contingent on the approval of members at the ensuing Annual General Meeting. The company stressed that the appointments are subject to member consent and are aimed at sustaining leadership and governance momentum as it pursues its strategic agenda.

Ajay Khanna is described in the company’s disclosures as a founder-promoter of the SHYAM TELECOM GROUP. He has been portrayed as a key architect of the group’s growth, including building out distributor and channel networks for cable TV and cellular business, coordinating with local authorities and regulatory bodies, and steering the company’s commercial and financial operations. His tenure has also seen him lead financing initiatives for cellular and VSAT ventures and drive expansion opportunities across the group’s portfolio. The board’s renewal signals confidence in his continued stewardship of the company’s strategic and financial trajectory.

Chhavi Prabhakar’s re-appointment as Non-Executive Independent Director marks continued governance input from an experienced financial services professional. With over two decades in NRI banking, wealth management and private banking, she has held leadership roles across prominent institutions and founded Global Indian Solutions, a platform serving Global Indians. She serves as an independent director on other listed boards and has contributed to governance along with roles in industry associations. Her ongoing presence on the board reinforces the company’s emphasis on independence, diverse perspectives, and financial governance as Shyam Telecom navigates its next growth phase.