5paisa Capital appoints Dr. Sarat Kumar Malik as director

5paisa Capital Limited announced the appointment of Dr. Sarat Kumar Malik (DIN: 09791314) as an Additional Non-Executive Independent Director. The appointment, effective July 08, 2025, follows the recommendation of the Nomination & Remuneration Committee (NRC) and approval by the Board of Directors. Dr. Malik's term is for five consecutive years, subject to shareholder approval at the upcoming general meeting. With over 30 years of experience in financial sectors, Dr. Malik has worked with regulatory bodies like SEBI and RBI, as well as international organizations like the World Bank and IMF. The company confirmed that Dr. Malik is not related to any other director.