MUMBAI: As per the recommendations of nomination and remuneration committee, the board of directors of DEN Networks has approved the appointment of Rajendra Dwarkadas Hingwala as an additional independent director of the company.
According to the company's BSE filing, Hingwala has been named as a director for a period of three consecutive years with effect from 21 December 2019 to 20 December 2022.
Hingwala is a chartered accountant and fellow member of the Institute of Chartered Accountants of India (ICAI). He worked as director/ partner with PricewaterhouseCoopers Pvt Ltd (PWC) and retired therefrom after 38 years of service.
“Hingwala is neither related to any director of the company, nor debarred from holding the office of director by virtue of any Securities and Exchange Board of India (SEBI) order or any other such authority,” the press statement published on the bourses mentioned.
Hingwala’s area of work included advising. He has an expertise on various provisions of double taxation avoidance agreements, direct and indirect tax implications of acquiring undertakings/ companies, structuring of business transactions, compliance of tax laws including litigation support and structuring of investment by foreign entities in India through various investment routes.
