New Delhi: Andrew Yule & Co. Ltd., a public sector undertaking under the Ministry of Heavy Industries, has announced the appointment of a senior government official to its board as a Part-time Official Director (Government Nominee).
Appointment Details:
-
Appointee: Shri Kulbhushan Malhotra
-
Designation: Part-time Official Director (Government Nominee)
-
Effective Date: January 27, 2026
-
Director Identification Number (DIN): 11507259
Profile of the New Director:
Shri Kulbhushan Malhotra is a seasoned bureaucrat with over 34 years of experience in government service. His expertise spans policy formulation, implementation, operations, human resource management, and financial administration.
-
Current Role: He is presently serving as Deputy Secretary in the Ministry of Heavy Industries since October 2025.
-
Past Experience: His career includes significant tenures in the Department of Telecommunications (Ministry of Communications) as Under Secretary and over nine years in the Department of Personnel & Training (DoPT).
-
Education: He holds an M.A. in Public Administration from IGNOU and a Bachelor of Administration from Delhi University.
The new director has furnished a declaration confirming he is not debarred from holding the office of director by SEBI or any other authority.
Regulatory Compliance:
The intimation was made to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the company's earlier intimation dated January 14, 2026, regarding the proposed appointment.