NewsDatamatics Global Services Appoints Two Additional Non-Executive Independent Directors for Five-Year TermsDatamatics Global Services Appoints Two Additional Non-Executive Independent Directors for Five-Year Terms
Datamatics Global Services Limited announced on May 08, 2026, the appointment of Mr. Hitesh Gajaria and Mr. Navnit Singh as Non-Executive Independent Directors, each for a first term of 5 years effective May 08, 2026. The appointments were approved by the Board through a Circular Resolution based on the Nomination and Remuneration Committee's recommendation and are subject to shareholder approval via postal ballot. Mr. Gajaria is a Chartered Accountant with over four decades of experience in taxation and regulatory consulting, while Mr. Singh is the Chairman and Regional Managing Director (India) at Korn Ferry with over three decades of leadership experience in human capital strategy and organisational transformation.
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Datamatics Global Services Limited has announced the appointment of two new Non-Executive Independent Directors to its Board. The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, approved the appointments through a Circular Resolution on May 08, 2026. Both appointments are for a first term of 5 years, effective May 08, 2026, and remain subject to approval by the shareholders, which will be sought through a postal ballot in due course.
Appointment Details
The key details of both appointments are summarised below:
| Parameter: | Mr. Hitesh Gajaria | Mr. Navnit Singh |
|---|---|---|
| DIN: | 10044310 | 00424875 |
| Role: | Non-Executive Independent Director | Non-Executive Independent Director |
| Effective Date: | May 08, 2026 | May 08, 2026 |
| Term: | 5 years (First Term) | 5 years (First Term) |
| Subject to: | Shareholder Approval | Shareholder Approval |
| Related to Existing Directors: | No | No |
| Debarred by SEBI or any authority: | No | No |
Profile of Mr. Hitesh Gajaria
Mr. Hitesh Gajaria is a Chartered Accountant with over four decades of professional experience in the fields of taxation, transfer pricing, and regulatory consulting. He continues as Senior Advisor at KPMG in India, where he served as Partner for more than two decades and also led the firm's Tax Services Practice. He serves as a Non-Executive and Independent Director at several publicly listed and unlisted companies. Mr. Gajaria is recognised for his professional insights and expertise on taxation and regulatory issues and trends in India, and advises corporates in India and overseas on strategic business and governance matters.
Profile of Mr. Navnit Singh
Mr. Navnit Singh is the Chairman and Regional Managing Director (India) at Korn Ferry, bringing over three decades of cross-functional leadership experience in human capital strategy, organisational transformation, and global talent development. He is a trusted advisor to boards, CEOs, and senior leadership teams, and has extensive experience advising Indian business houses and companies on CEO appointments and C-level teams across multiple functional disciplines, including established and emerging technology companies.
Mr. Singh has led large-scale transformations, succession planning, leadership development programmes, and workforce digitization initiatives for Fortune 500 companies and Indian conglomerates. Prior to Korn Ferry, he served as Managing Partner – Global Technology & Services Practice (Asia Pacific) at an executive search firm and has held senior HR leadership roles, including Chief Human Resources Officer, with regional and global responsibilities. He holds a Bachelor of Arts degree with honours in Economics and a postgraduate degree in Personnel Management and Industrial Relations.
Regulatory Compliance
The disclosures have been made pursuant to Regulation 30 read with Schedule III, Part A, Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026. Neither Mr. Hitesh Gajaria nor Mr. Navnit Singh is debarred from accessing the capital markets or restrained from holding the position of Director in any listed company by virtue of any order of the Securities and Exchange Board of India or any other such authority. A copy of this intimation has also been made available on the company's website.
Historical Stock Returns for Datamatics Global Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.57% | +11.68% | +17.37% | -7.74% | +46.79% | +516.96% |
How might Mr. Hitesh Gajaria's deep expertise in transfer pricing and taxation influence Datamatics Global Services' cross-border tax strategy and compliance framework going forward?
Could Mr. Navnit Singh's leadership role at Korn Ferry and his C-suite advisory experience accelerate any planned senior leadership restructuring or succession planning at Datamatics?
What governance or strategic gaps in Datamatics' board composition were these appointments likely designed to address, and how might they impact investor confidence?
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