Microlender Spandana Sphoorty Financial Limited announced the re-appointment of Deepak Calian Vaidya as Independent Director on the company’s Board, with effect from June 6, 2023.
According to the company’s exchange filing, “Pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), it is hereby informed that the Board of Directors at its meeting held on Monday, June 05, 2023 has considered and approved the re-appointment of Mr. Deepak Calian Vaidya (DIN: 00337276) as Independent Director for a further period of 3 (three) years, subject to the approval of the Members of the Company.”
Vaidya is qualified as a Fellow of the Institute of Chartered Accountants (England and Wales) and has a Bachelor’s Degree in Commerce from Bombay University. He was the Country Head of Schroder Ventures’ activity in India from March 1995 to March 2008 and served on the Board of each Schroder Ventures investee company in India. Prior to joining Schroder Ventures, he spent much of his career in Industry holding a variety of positions in Singapore, Indonesia and India. He also served on the International Advisory Board of NASDAQ for eight years.
He also serves as a director on the board of other companies such as Indraprastha Medical Corporation Limited, Apollo Multispeciality Hospitals Limited, Marudhar Hotels Pvt Ltd, API Holdings Limited, UTI Capital Private Limited and Criss Financial Limited.
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