Authum Investment & Infrastructure Limited (AIIL) has announced that its board has approved the reappointment of two whole-time directors for extended five-year terms. The decision, which was made at the board meeting on March 7, 2025, is subject to shareholder approval.
At 2.04 pm today, 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.
Mr. Amit Dangi will continue serving as the Whole-Time Director from June 29, 2025, to June 28, 2030. A chartered accountant with previous experience at Ernst & Young and PricewaterhouseCoopers, Dangi is known for his strategic role in the company’s investment decisions. It is worth noting that he is related to two other directors – he is the nephew of Non-Executive Director Mrs. Alpana Dangi and the first cousin of Whole-Time Director Mr. Divy Dangi.
Mr. Akash Suri has also been reappointed as the Whole-Time Director and Chief Executive Officer for the period from September 27, 2025, to September 26, 2030. With around 18 years of experience in financial services at institutions such as GENPACT, HSBC India, YES BANK, and JC Flower ARC Company, Suri brings expertise in stressed asset resolution and strategic planning.
The reappointments of both directors were recommended by the Nomination and Remuneration Committee in accordance with the Companies Act 2013 and SEBI Listing Regulations. Specific terms and conditions, including remuneration, will be determined by the board for both positions.
