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New Delhi: Hindustan Aeronautics Limited (HAL), the state-owned aerospace and defence company, has announced the appointment of Dr SD Premkumar and Rakesh Bhawsar as Part-Time Non-Official (Independent) Directors on its Board, effective May 15. The appointments were made following approval from the Ministry of Defence, Department of Defence Production, Government of India.
According to a regulatory filing by the company, both directors will serve a term of three years or until further orders, whichever is earlier. Their appointments are subject to the approval of shareholders in the upcoming General Meeting.
Dr Premkumar is a seasoned medical professional with over 16 years of experience in the healthcare sector. He holds an MBBS degree from Annamalai University and a Postgraduate Diploma in ENT from Madras Medical College. He currently serves as a Senior Consultant and Medical Superintendent at Bharathiraja Speciality Hospital & Research Centre in Chennai.
Rakesh Bhawsar is a Chartered Accountant with more than 22 years of experience in statutory, internal, and government audits. He is a fellow member of the Institute of Chartered Accountants of India and holds a bachelor’s degree in science from Vikram University, Ujjain. His expertise spans management, taxation, legal consultancy, and strategic planning. He is also known for his social engagements and serves as the Managing Trustee of Saraswati Bal Kalyan Nyas, which publishes the children’s magazine Devputra.
HAL confirmed that both appointees are not debarred from holding the office of director by any regulatory authority and have no inter-se relationships with other directors on the Board.
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