Overview

• Madhur Deora will step down from One97 Communications’ board after the AGM to concentrate on business execution while retaining his roles as President and Group CFO.
• The board approved Urvashi Sahai’s appointment as a whole-time director for five years effective July 22 pending shareholder approval.
• Non-executive independent director Bimal Julka resigned effective July 22, citing a desire to focus on emerging technologies and ease of doing business.
• One97 Communications appointed Chandrasekaran Associates as its secretarial auditors for a five-year term starting fiscal 2025-26.
• The company greenlit an ₹800 crore IT/ITES complex in Noida’s Sector 159 and named Manorview Developers as the EPC contractor.