Overview

• Afcons named Firoz Cyrus Mistry, 29, to its board as a non-executive director.
• Veteran banker Santosh B. Nayar joined as an independent director after senior roles at SBI, IFCI and IIFCL.
• The appointments follow Pallon S. Mistry’s induction last month, extending next-generation representation from the SP family.
• The board changes build on August’s leadership shift that elevated Krishnamurthy Subramanian to executive chairman and designated Shapoorji Mistry as chairman emeritus.
• Subramanian said the new directors will add fresh perspectives and professional oversight as Afcons advances its growth plans.