The Board, on the recommendations of the Nomination and Remuneration Committee and Audit Committee, approved the following:
1. Re-appointment of Directors Retiring by Rotation
- Approved the re-appointment of Shri Rajiv Gupta (DIN: 00022964) and Ms. Sumana Verma (DIN: 01448591) as Non-Executive Non-Independent Directors of the Company.
- Both directors were liable to retire by rotation and are being re-appointed in terms of Section 152(6) of the Companies Act, 2013.
- Their reappointment is subject to the approval of members at the ensuing 41st Annual General Meeting (AGM).
- The effective date of reappointment for both directors is 24 September 2026.
Director Details - Shri Rajiv Gupta
- Designation: Chairman
- Nationality: Indian
- Profile: Engineering Graduate from IIT, Delhi. Associated with the company since incorporation and designated as Chairman since May 2005. Has over 40 years of experience in the financial sector.
- Relationships: Related to Ms. Sumana Verma (Father and Daughter relationship).
- Equity Shareholding: Holds 9,11,045 Equity Shares of ₹10 each as of March 31, 2026.
- Not debarred from holding office of director by virtue of any SEBI order or other authority.
Director Details - Ms. Sumana Verma
- Nationality: Indian
- Profile: Graduate with rich and varied business experience.
- Relationships: Related to Shri Rajiv Gupta (Daughter and Father relationship).
- Equity Shareholding: Holds 75,350 Equity Shares of ₹10 each as of March 31, 2026.
- Not debarred from holding office of director by virtue of any SEBI order or other authority.
2. Re-appointment of Manager, Company Secretary & CFO
- Approved the re-appointment of Mr. Rohit Madan as Manager, Company Secretary & CFO.
- Term: Three years from April 01, 2027 to March 31, 2030.
- Subject to approval of shareholders at the ensuing 41st Annual General Meeting.
CFO Details - Mr. Rohit Madan
- Age: 50 years
- Qualifications: Commerce Graduate, Associate Member of ICSI, Law Graduate, Diploma in Tax Laws.
- Experience: Extensive experience in corporate governance, corporate laws, compliance, finance, secretarial and corporate administration. Previously served as Assistant Company Secretary at Goodwill India Limited for nearly seven years.
- Relationships: None of the Directors or Key Managerial Personnel (except himself) or their concerned relatives are interested in the resolution.
- Equity Shareholding: NIL as of March 31, 2026.
3. Re-appointment of Internal Auditor
- Approved the re-appointment of Sudhir Kumar Agarwal, Chartered Accountant (M. No. 082496) as Internal Auditor of the company.
- Term: Financial year 2026-2027.
- The Board of Directors under Section 138(2) of the Companies Act, 2013 is authorized to consider and approve the terms and conditions of reappointment.
Internal Auditor Details
- Name: Mr. Sudhir Kumar Agarwal
- Date of Reappointment: August 11, 2026
This disclosure is made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, with detailed information provided in Annexure A to Annexure D.