Aravali Securities & Finance Limited's Board of Directors held a meeting on June 06, 2026, from 02:00 PM to 02:45 PM IST at the company's registered office at Rider House, Ground Floor, Plot No.136, Sector-44, Gurgaon-122003, Haryana. The Board considered and approved several matters:
1. Re-appointment of Internal Auditor
Based on the recommendation of the Audit Committee, the Board approved the reappointment of M/s. V.K. Kila & Co., Chartered Accountants, as the Internal Auditor of the Company for the Financial Year 2026-27. The remuneration will be mutually agreed upon between the Company and the Internal Auditor. The firm is described as having experience in internal audit, statutory audit, taxation and advisory services, with expertise in providing audit and assurance services to companies across various sectors.
2. Re-appointment of Mrs. Malvika Poddar
The Board recommended the re-appointment of Mrs. Malvika Poddar (DIN: 00457245) as Director of the Company. She retires by rotation at the ensuing Annual General Meeting and, being eligible, offers herself for re-appointment, subject to shareholder approval. Her profile mentions entrepreneurship qualities and vast experience in Management & Business Strategy.
3. Regularization of Appointment of Mrs. Chandra Lekha Poddar
The Board recommended the appointment of Mrs. Chandra Lekha Poddar (DIN: 00290957) as a Non-Executive Non-Independent Director of the Company, subject to shareholder approval at the ensuing Annual General Meeting. Her profile mentions entrepreneurship qualities and vast experience in Management & Business Strategy.
4. Regularization of Appointment of Mr. Shiv Poddar
The Board recommended the appointment of Mr. Shiv Poddar (DIN: 11472666) as a Non-Executive Non-Independent Director of the Company, subject to shareholder approval at the ensuing Annual General Meeting. His profile mentions entrepreneurship qualities and vast experience in the accounting field, Management & Business Strategy. The disclosure notes he is the son of Ms. Malvika Poddar.
5. Appointment of Scrutinizer
The Board appointed Mr. Gaurav Arora (Membership No.48327), Practicing Company Secretary, as the Scrutinizer for conducting the remote e-voting and e-voting process at the ensuing Annual General Meeting of the Company in a fair and transparent manner.
6. Approval of Board's Report
The Board approved the Board's Report together with the annexures thereto for the Financial Year ended March 31, 2026.
7. Approval of Notice of 46th Annual General Meeting
The Board approved the Notice convening the 46th Annual General Meeting of the Company and authorized the Directors or Company Secretary to issue and circulate the same to the members in accordance with applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
All disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
The letter was signed by Aakanksha Jaiswal, Company Secretary & Compliance Officer.