Orchasp Limited has intimated the stock exchanges about a scheduled meeting of its Board of Directors to be held on Monday, August 31, 2026. The disclosure is made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board meeting agenda includes multiple items:
1. Director Appointments:
- To regularize the appointment of Mrs. Sirisha Pattapurathi (DIN: 02185189) as Non-Executive Non-Independent woman director for a five-year term, subject to member approval at the 32nd Annual General Meeting.
- To regularize the appointment of Mr. Srinivasu Sunkara (DIN: 11509166) as Independent Director for a five-year term, subject to member approval at the 32nd Annual General Meeting.
- To regularize the appointment of Mr. Ravi Prasad Muthyam (DIN: 06603818) as Independent Director for a five-year term, subject to member approval at the 32nd Annual General Meeting.
2. Preferential Share Issues:
- To consider issuing equity shares on a preferential basis to M/s WAHTULMSYLH LLMQWLAT pursuant to a Loan Agreement cum MOU entered into with the company, subject to required approvals under applicable laws.
- To consider issuing equity shares on a preferential basis to bond holders M/s Global Focus Fund for accrued interest as per their request, subject to required approvals under applicable laws.
3. Other Agenda Items:
- To approve the Loan Agreement cum Memorandum of Understanding with Apptest Corporation, USA.
- To approve the Notice of the 32nd Annual General Meeting along with Board's Report, Corporate Governance Report, and Management Discussion and Analysis.
- To appoint Ms. T. Durga Pallavi as Scrutinizer for the e-voting process.
- To fix Record Date, Book Closure date, and E-voting dates.
- To consider any other matter with the permission of the Board.
The letter was signed by P. Chandra Sekhar, Managing Director & CFO (DIN: 01647212), on behalf of Orchasp Limited.