Key Events and Dates
- The original 15th Annual General Meeting scheduled for September 30, 2026 was adjourned due to want of quorum
- Adjourned 15th Annual General Meeting was held on October 7, 2026 at 02:00 PM through Video Conferencing/Other Audio Visual Means facility
- Members approved the regularization of Mr. Shailesh Kalidas Naik (DIN: 06546482) as Non-Executive Independent Director
Director Appointment Details
- Name: Mr. Shailesh Kalidas Naik (DIN: 06546482)
- Position: Non-Executive Independent Director
- Term: First term of 5 consecutive years
- Effective Date: July 1, 2026
- Status: Not liable to retire by rotation
- Previous Role: Non-Executive Additional Independent Director
Director Qualifications and Background
Mr. Shailesh K. Naik is a seasoned professional with extensive experience in urban infrastructure, utility management, and municipal administration. He possesses over a decade of leadership experience in the energy and public utility sector, having served as Director (Commercial) at Vadodara Gas Limited. His experience includes:
- Expansion of City Gas Distribution (CGD) network
- Development of CNG stations
- District Regulating Stations (DRS) development
- Steel and MDPE pipeline infrastructure development
- Municipal governance reforms
- Heritage conservation initiatives
- Administrative improvements
- Operational efficiency initiatives
- Strengthening public utility services
- Enhancing urban infrastructure
Compliance and Relationship Disclosures
- Mr. Naik is not related to any Director or Key Managerial Personnel of the Company
- Mr. Naik is not debarred from holding the office of Director by virtue of any order issued by SEBI or any other authorities
- The company received a notice in writing from a member under section 160(1) of the Companies Act, 2013 proposing his candidature
- The appointment was recommended by the Nomination and Remuneration Committee and appointed by the Board of Directors
- Mr. Naik has given his consent and submitted a declaration that he meets the criteria for being appointed as Independent Director under section 149(4) of the Act