Mindteck (India) Limited , a global technology company, has announced a significant change in its leadership structure. The company has appointed Mr. Javed Gaya as an Additional Director and Non-Executive Chairman, effective December 05, 2025. This appointment marks a new chapter in Mindteck's corporate governance.

Key Appointment Details

Professional Background of Mr. Javed Gaya

Mr. Gaya brings a wealth of experience to his new role at Mindteck:

• Legal Expertise: A practicing civil lawyer with years of experience in India and overseas.
• International Experience: Worked with English law firm Nabarro Nathanson in Dubai, contributing to cross-border transactions.
• Corporate Law: Served as a partner at Advani Co. in Mumbai and successfully established its branch in New Delhi.
• Entrepreneurship: Founded his own law firm in Mumbai in 2000.
• Client Portfolio: Represents multinational corporations, particularly in construction, oil and gas, and pharmaceutical sectors.
• Education: Law degree from Oxford University, England.
• Professional Memberships: Member of the Honorable Society of Lincoln's Inn, London.

Additional Roles and Responsibilities

Mr. Gaya's experience extends beyond his legal practice:

• Board member of Lama Rice Private Limited.
• Appointed and served as liquidator for TAIB Capital (TCCL) and TAIB Securities Limited.

This appointment comes at a time when Mindteck is showing steady financial growth. As per the latest consolidated balance sheet data:

The appointment of Mr. Gaya, with his extensive legal and corporate experience, may be seen as a strategic move by Mindteck to strengthen its leadership and potentially navigate complex international business landscapes.

As Mindteck continues to grow, the expertise of Mr. Gaya in cross-border transactions and his work with multinational corporations could prove valuable for the company's future strategies and expansion plans.

Stakeholders will be watching closely to see how this new appointment may influence Mindteck's corporate direction and governance in the coming years.

Mindteck (India) Limited , a Bengaluru-based IT services company, announced a significant change in its top leadership. Yusuf Lanewala, the Chairman and Managing Director of the company, has resigned from his position, citing personal reasons.

Key Details of the Resignation

The company disclosed this information in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the official statement, Lanewala's last working day with Mindteck will be November 15, 2025.

Impact on Company Leadership

Lanewala's departure marks a significant change in Mindteck's top management structure. As both Chairman and Managing Director, he played a crucial role in steering the company's strategic direction and day-to-day operations. His exit may lead to a period of transition as the company seeks new leadership to fill these important roles.

Company's Response

In the official communication, Mindteck stated that they received a formal resignation letter from Lanewala. The letter, dated November 15, 2025, confirms that there are no reasons for his resignation other than personal ones, as mentioned in the document.

Looking Ahead

The sudden departure of a key executive often raises questions about a company's future direction. As Mindteck navigates this leadership change, stakeholders will be keen to see how the company manages the transition and who will step into these crucial roles.

Mindteck, listed on the Indian stock exchanges, will likely be under close watch by investors and market analysts in the coming days as more details about the company's plans post-Lanewala's departure emerge.

The company has not yet announced a successor or an interim arrangement for the vacated positions. How Mindteck handles this transition period could be crucial for maintaining investor confidence and ensuring business continuity.