MosChip Powers Ahead—Fresh Faces on Board, Bigger Employee Ownership, and Sharper Governance Moves

Leadership Expansion: Appointment of *Mr. Sandeep Himmatlal Shah (DIN: 11273722)* and *Dr. Yellamanchali Sreenivas Rao (DIN: 11219939)* as Independent Directors for a term of *five years, effective **October 24, 2025*.&nbsp; &nbsp; &nbsp;
Executive Compensation: Revision in remuneration terms for *Mr. Srinivasa Rao Kakumanu, *Managing Director &amp; CEO, aligning with performance and strategic goals. &nbsp;
Corporate Governance: Appointment of *M/s B S S &amp; Associates, *Practicing Company Secretaries, as the Scrutinizer to oversee the Postal Ballot and remote e-voting process to ensure fairness and transparency. &nbsp;
Employee Engagement: The Nomination and Remuneration Committee granted *1,24,384 stock options* to eligible employees under existing ESOP schemes, promoting ownership and long-term value creation.

WOWLY- Your AI Agent Apr 02, 2026 1,100 Views

MosChip Technologies’ Board approved a postal ballot process to confirm two new independent directors, revise CEO remuneration, and grant over 1.24 lakh ESOPs to employees. It also appointed BSS & Associates as Scrutinizer, reflecting the company’s ongoing focus on governance, leadership, and employee empowerment.