Kalyan Jewellers India Limited had previously announced the appointment of Mr. Vinod Rai as the Chairman and Independent Non Executive Director on the board of the company, which was subject to receiving regulatory and shareholders' approvals. Given the recent receipt of regulatory clearances, the board of directors of the company has now appointed Mr. Vinod Rai as Independent Chairman of the Board. Mr. Rai was the former Comptroller and Auditor General of India, the former Chair of the United Nations Panel of External Auditors and has held various positions within the government where he has been instrumental in a wide variety of reforms in India, and also was awarded the Padma Bhushan, one of India's high civilian awards.