Key Decisions and Actions

1. Annual General Meeting and Record Date

  • The Board approved convening the 19th Annual General Meeting (AGM) of the Company on Tuesday, July 21, 2026.
  • The AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
  • The record date for determining members eligible to receive dividend for the Financial Year ended March 31, 2026 has been fixed as Friday, July 10, 2026.

2. Appointment of Non-Executive Independent Director

  • Based on the recommendation of the Nomination & Remuneration Committee, the Board approved the appointment of Mr. Neeraj Bali (DIN: 07987362) as an Additional Director in the category of Non-Executive Independent Director.
  • The appointment is effective from June 16, 2026.
  • The term of appointment as Independent Director will be for a period of 5 years (until June 15, 2031).
  • The appointment is subject to approval of shareholders of the Company at the forthcoming AGM.
  • Mr. Bali is a distinguished Indian Army veteran with over four decades of leadership experience in defence, strategy, corporate management, and organizational development. He has been awarded the Sena Medal for distinguished leadership and has extensive experience in strategy, geopolitics, competitive intelligence, and organizational culture.
  • He is not related to any of the existing Directors of the Company.
  • He is not debarred from holding the office of Director by virtue of any SEBI Order or other authority.

3. Appointment of Senior Management Personnel

  • Based on recommendations from both the Nomination & Remuneration Committee and the Audit Committee, the Board approved the appointment of Mr. Rasik Mangal as General Manager - Marketing.
  • He has been designated as a Senior Management Personnel of the Company effective from June 16, 2026.
  • Mr. Mangal is a Management and Operations graduate from New York University (NYU), Stern School of Business, USA.
  • He possesses expertise in marketing strategy, market research, client relationship management, business development, and operational analysis.
  • He will play a key role in identifying growth opportunities and developing new customer relationships.

Meeting Details

  • The Board Meeting commenced at 04:00 PM (IST) and concluded at 04:50 PM (IST) on June 16, 2026.