Board Meeting Details
The Board of Directors meeting was held on Wednesday, 16th September, 2026. The meeting commenced at 05:00 PM and concluded at 07:30 PM.
The disclosure is made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026.
Board Decisions
1. Appointment of Mr. Rajiv Darji
- Name: Mr. Rajiv Chandulal Darji
- Position: Additional Executive Director
- Effective Date: 16th September, 2026
- Status: Subject to approval of members at the ensuing General Meeting
- Qualifications: Graduate
- Occupation: Business
- Profile: Highly accomplished entrepreneur based in Mumbai, Maharashtra with over 10 years of experience in business strategy & management. Has experience in real estate, consultancy, infrastructure and transport industries. Known for leadership and vision in corporate strategies driving sustainable growth & profitability.
- Reason for Change: Appointment
- Relationship between Directors: Not Applicable
2. Appointment of Mr. Ronak Sheth
- Name: Mr. Ronak Pankaj Bhai Sheth
- Position: Additional Executive Director
- Effective Date: 16th September, 2026
- Status: Subject to approval of members at the ensuing General Meeting
- Qualifications: B.com and Software Engineer from NIIT
- Occupation: Business
- Profile: Over 23 years working experience in Financial services
- Reason for Change: Appointment
- Relationship between Directors: Not Applicable
3. Resignation of Independent Director
- Name: Mr. Parthiv Kumar Bharat Bhai Barad
- DIN: 10220078
- Position: Independent Director
- Resignation Date: Letter dated 25th August, 2026
- Effective Date: Resignation effective from closing of business hours on 25th August, 2026
- Reason for Resignation: Personal reasons and future engagements elsewhere
- Listed Entity Directorships: Nil
- Address: 35, Dhameliya Street, Varal, Moti Mandvadi, Varal, Bhavnagar, Gujarat 364260
The resignation letter was submitted by hand delivery to the Board of Directors at the company's registered office address.