Authum Investment & Infrastructure Limited (AIIL) announced today the board approval for the reappointment of two whole-time directors for extended five-year terms. The decision, made at the board meeting on March 7, 2025, is subject to shareholder approval.
The shares of Authum Investment & Infrastructure Limited (AIIL) were trading at ₹1,476.05 down by ₹40.70 or 2.68 per cent on the NSE today at 2.04 pm.
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Mr. Amit Dangi will continue as Whole-Time Director from June 29, 2025, to June 28, 2030. A chartered accountant with previous experience at Ernst & Young and PricewaterhouseCoopers, Dangi is noted for his strategic role in the company’s investment decisions. He is related to two other directors – nephew to Non-Executive Director Mrs. Alpana Dangi and first cousin to Whole-Time Director Mr. Divy Dangi.
Mr. Akash Suri has been reappointed as Whole-Time Director and Chief Executive Officer for the period September 27, 2025, to September 26, 2030. With approximately 18 years of financial services experience at institutions including GENPACT, HSBC India, YES BANK, and JC Flower ARC Company, Suri brings expertise in stressed asset resolution and strategic planning.
The reappointments were recommended by the Nomination and Remuneration Committee in accordance with Companies Act 2013 and SEBI Listing Regulations. The board will determine specific terms and conditions, including remuneration, for both positions.
