Intellivate Capital Advisors Limited announced that based on the recommendations of the Nomination and Remuneration Committee and the Audit Committee, the Board of Directors of the Company, at its Meeting held on February 08, 2022, has considered and approved the appointment of Mr. Laxmi Narayana Punna, as the new Chief Financial Officer and Key Managerial Personnel of the Company with effect from February 08, 2022.