NDTV appoints former SEBI UK chairman Sinha and business leader Dipali Goenka as independent directors

NDTV appoints former SEBI UK chairman Sinha and business leader Dipali Goenka as independent directors

In line with the Adani Group’s objective to ensure the independence and professionalism of NDTV, UK Sinha and Dipali Goenka have been appointed independent directors of NDTV for a period of two years from March 27, 2023, based on the recommendations of the nomination and remuneration committee, and subject to the approval of the shareholders and the Ministry of Information and Broadcasting. UK Sinha was also appointed non-executive chairperson of NDTV.

UK Sinha served as Chairman of the Securities and Exchange Board of India (SEBI) between 2011 and 2017. Under his leadership, SEBI is credited with bringing about significant regulatory changes in areas such as the Takeover Code, portfolio investors foreigners and alternative investment funds. Previously, he was President and Managing Director of UTI Asset Management Company Pvt Ltd for six years. He was also Joint Secretary in the Ministry of Finance and headed the Banking and Capital Markets divisions. For his contribution as Chairman of SEBI, he has received numerous awards, viz. CNBC-TV18 India Business Leader Awards (IBLA) – Outstanding Contribution to Indian Business Award, 2014 and Economic Times – Business Reformer of the Year Award, 2014 to name a few. Mr. Sinha joined the Indian Administrative Service in 1976. He holds an M.Sc. and LLB degree.

Dipali Goenka is Chief Executive Officer and Managing Director of Welspun India Limited. She is an accomplished global business leader known for her drive, entrepreneurial spirit and passion for environmental stewardship. It has a strong focus on empowering women and has undertaken important initiatives to promote inclusive growth. She has been recognized as one of the most powerful women in Asia and India by Forbes. She was co-chair of the India Economic Summit in 2017 organized by the World Economic Forum. She was an Inspire Series speaker at the Harvard India conference. She has also been recognized by Businessworld and HTT, USA as one of the most influential female business leaders. She joined other world leaders at the recent historic first UN Biodiversity Summit for Urgent Action on Sustainable Development. She served as Chair of the Women’s Council of ASSOCHAM and currently sits on the Board of the Consumer Platform at the World Economic Forum. She is a graduate in psychology and graduated from Harvard.

Sanjay Pugalia, director of NDTV, said: “It gives me great pleasure to welcome Mr. UK Sinha and Ms. Dipali Goenka to our Board of Directors. They are highly respected leaders in their fields and NDTV will benefit immensely from their extensive knowledge and wealth of experience in corporate and corporate governance.

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