Crayons Advertising has announced the appointment of Navratan Baid as an Additional Director in the capacity of a non-executive independent director, effective March 24, 2026. The appointment has remained subject to shareholder approval at the upcoming general meeting.
The company has confirmed that Baid has not been debarred from holding the office of director by any regulatory authority and has not been related to any existing board member.
Following the appointment, the board has approved the reconstitution of its key committees, including the Audit Committee and the Nomination and Remuneration Committee, with effect from March 24, 2026.
The Audit Committee has comprised Surendra Pagaria as Chairperson, along with Kunal Lalani and Navratan Baid as members. The Nomination and Remuneration Committee has been chaired by Surendra Pagaria, with Vimi Lalani and Navratan Baid as members.
Baid has been a commerce graduate from Delhi University and has had experience in small-scale manufacturing, marketing of office equipment, and import and distribution businesses since the 1980s.
The board meeting that approved these changes has commenced at 03:00 PM and concluded at 05:20 PM.
