MosChip Technologies Limited announced that at its board meeting held on November 4, 2023, the board approved the appointment of Mr. Gunupati Venkata Pranav Reddy as an Additional Director in Non-executive Director category of the Company with effect from November 04, 2023. Approved the appointment of Mr. Vinayendra Parvathaneni as an Additional Director in Non-executive Director category of the Company with effect from November 04, 2023. Mr. G. Pranav Reddy is an entrepreneur and investor spanning across Infrastructure, Hospitality, Real Estate and Private Equity.

He is also the primary promotor of RAPS, an aerospace and defence firm that manufactures composites for DRDO and ISRO. Pranav has graduated from the Kelley School of Business at Indiana University, Bloomington, US with a Bachelors in Finance and Business Management. Mr. Vinayendra Parvathaneni completed his MS in Global Management from Thunderbird School of Global Management, USA and BSc (Hons) in Management from the University of Manchester, UK.

He has over 10 years' experience in the Marine, Shipping and Logistics Business, having worked in the USA as Commercial Manager of Resolve Marine Group. He then relocated to India to work with Seaways Shipping & Logistics Limited, where he is presently working as Director - Subsidiaries. In 2023, he was also elected to be the youngest Vice President of the International Force Group.