MUMBAI: Leading south Indian TV network Sun TV has made changes to its board of directors following the completion of terms by three previous members. As per an official release posted on the Bombay stock exchange, the company has announced the appointment of Mandalapu Harinarayanan Harshavardhan, Ravivenkatesh Pragadish Karthik, and Jagadeesan Gayathri as additional non-executive independent directors, effective 7 October 2024.
Their engagements are set for five-year terms, pending shareholder approval. Harshavardhan, a media entrepreneur, will contribute with his diverse background in the construction and hospitality sectors. Meanwhile, Karthik, with experience in mechanical engineering and stints at leading US companies like Tesla, brings a technical edge to the board. Finally, Gayathri, an advocate by profession, completes the trio with her legal expertise.
This restructuring also includes a reconstitution of several key committees, with these new directors playing pivotal roles across audit, remuneration, and stakeholder relations.
The new appointments are expected to enhance the company's strategic vision as it builds on its continued financial success.