The board of GTPL Hathway has approved the appointment of Dhiren Dalal and Sunil Sanghvi as independent directors, effective from September 28, 2024, for a tenure of three years.
In a regulatory filing, the company said that Dalal and Sanghvi are not related to any Director of the Company. They satisfy the criteria of independence prescribed under the Companies Act, 2013 and the SEBI Listing Regulations.
“In accordance with the circular dated June 20, 2018, issued by the Stock Exchanges, we confirm that Dalal and Sanghvi are not debarred from holding the office of director by virtue of any order passed by SEBI or any other such authority,” the company stated.
Dalal is a Commerce Graduate and a Fellow Member of the Institute of Chartered Accountants of India. He has wide spectrum of knowledge and experience in audit, finance and accounts and non-banking financial companies. He has been an Auditor of various registered non-banking financial companies.
Sanghvi is a Practicing Chartered Accountant having experience of around 27 years in the field of corporate advisory and litigation practice of direct and indirect taxation at Ahmedabad. He is professionally associated with Ratnamani Metals and Tubes, PG Foils, Cadbury India, Futaba Industrial Gujarat, Dhara Pharmachem, PG India Logistics, FMI Automotive Components Private, Perfetti Van Melle India and many others corporate clients. He was elected as a Vice Chairman of the Ahmedabad branch of the Institute of the Chartered Accountants of India (ICAI) for the year 2023-24 and elected as Chairman for the year (2024-25).
He also held the position of Chairman of Direct Taxes Committee of Ahmedabad Branch of ICAI during 1999 to 2023.
