Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable (Governance matters)
Nature of Filing / Announcement: Outcome of Board Meeting and Postal Ballot Notice under Regulation 30 of SEBI (LODR) Regulations, 2015
Date of Board Meeting / Approval: September 29, 2026
Audit Opinion: Not Specified
Auditor's Comment: Not Specified
Key Financial Highlights:
Not Specified
Corporate Actions:
Internal Auditor Appointment:
- Appointed M/s. Kothari & Co., Chartered Accountants (FRN: 301178E) as Internal Auditor for financial year 2026-27
- Effective date: September 29, 2026
Promoter Reclassification:
- Board approved reclassification of promoter & promoter group under Regulation 31A of SEBI (LODR) Regulations, 2015
- Application to be filed within prescribed time as stipulated
Director Appointments (Subject to Postal Ballot Approval):
Special Resolutions (Independent Directors):
- Mr. Aninda Chatterjee (DIN: 01760865) - Non-Executive Independent Director for 5 years (September 12, 2026 to September 11, 2031)
- Mr. Himanshu Ranjan (DIN: 10950872) - Non-Executive Independent Director for 5 years (September 12, 2026 to September 11, 2031)
- Mr. Rishi Bajoria (DIN: 00501157) - Non-Executive Independent Director for 5 years (September 12, 2026 to September 11, 2031)
- Mrs. Charu Rajgharia (DIN: 05329700) - Non-Executive Independent Director for 5 years (September 12, 2026 to September 11, 2031)
Ordinary Resolutions:
- Mr. Amit Agarwalla (DIN: 00413345) - Non-Executive Non-Independent Director for 5 years (September 12, 2026 to September 11, 2031), liable to retire by rotation
- Mr. Gautam Agarwalla (DIN: 00413204) - Managing Director for 5 years (September 12, 2026 to September 11, 2031), not liable to retire by rotation
Other Significant Information:
Board Meeting Details:
- Commenced at 12:15 PM and concluded at 12:30 PM on September 29, 2026
Director Profiles:
- Mr. Aninda Chatterjee: Certified Independent Director, qualified CA, ICWA, XLRI alumnus with 37+ years experience in business turnaround and financial restructuring
- Mr. Himanshu Ranjan: Executive Director with 37+ years at Indian Oil Corporation, specializing in quality control and energy management
- Mr. Rishi Bajoria: Experience in jute manufacturing, garment manufacturing and real estate since 1996, master franchisee of global F&B brands
- Mrs. Charu Rajgharia: Project designer operating in Kolkata with experience in corporate and domestic projects exceeding 2 million sq. ft.
- Mr. Amit Agarwalla: MBA in Finance from Manchester Business School, CFO of Frontier Warehousing Limited
- Mr. Gautam Agarwalla: Graduate in Finance, Marketing, and Economics from Wharton Business School, managing director of Frontier Warehousing Limited
Voting Arrangements:
- NSDL engaged for remote e-voting services
- Notice sent only in electronic mode to members with registered email addresses
- Physical copies not being sent to promote green initiative