Resignation of Managing Director: Mr. Ghanshyam Dhananjay Gavali (DIN: 03343352) resigned as Managing Director and Director effective close of business hours on 12th August 2026 due to personal commitments. He confirmed no material reasons beyond those stated.
Resignation of CFO: Mr. Kunjan Nathabhai Rathod resigned as Chief Financial Officer and Key Managerial Personnel effective close of business hours on 12th August 2026 due to pre-occupation and personal commitments. He confirmed no material reasons beyond those stated.
New Appointment: Mrs. Archana Chaitanya Pandya (DIN: 10147795) appointed as Additional Director in capacity of Whole-Time Director and Chief Financial Officer (Key Managerial Personnel) effective 14th August 2026, subject to shareholder approval. Term as Whole-Time Director is five years from 14th August 2026 to 13th August 2031. She holds a B.Com degree with background in business and commerce, is not related to any existing directors, and is not debarred from directorship.
Committee Reconstitution
Audit Committee: Reconstituted effective 14th August 2026 with:
Ms. Jansi Falgunkumar Patel (Non-Executive Independent Director) as Chairperson
Ms. Gunjan Jyotishbhai Leuva (Non-Executive Independent Director) as Member
Archana Chaitanya Pandya (Whole-Time Director and CFO) as Member
Nomination and Remuneration Committee: Reconstituted effective 14th August 2026 with:
Ms. Gunjan Jyotishbhai Leuva (Non-Executive Independent Director) as Chairperson
Ms. Jansi Falgunkumar Patel (Non-Executive Independent Director) as Member
Archana Chaitanya Pandya (Whole-Time Director and CFO) as Member
Authorizations Granted
Mrs. Archana Chaitanya Pandya authorized as signatory for all existing and new bank accounts of the Company.
Mrs. Archana Chaitanya Pandya authorized to make statutory and regulatory filings with MCA, ROC, BSE, and other authorities.
Other Matters
Secretarial Auditor Resignation: M/s Shashank Kumar & Associates, Practising Company Secretaries (FRN: S2018UP715500) resigned as Secretarial Auditor effective 2nd July 2026 due to pre-occupational reasons.
Postponement of Results: Board meeting for consideration of Unaudited Financial Results for quarter ended 30th June 2026 postponed to 21st August 2026 due to unavoidable circumstances and pending completion of financial matters.
