Palash Securities Limited has made a regulatory disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The shareholders of the company have approved the appointment of Mr. Suraj Kumar Agrawal (DIN: 03260442) as the Managing Director of the company. The approval was obtained through a Postal Ballot process via remote e-voting. The Ordinary Resolution set out in the Postal Ballot Notice dated March 30, 2026, was passed by the members with requisite majority on May 24, 2026, which was the last date of remote e-voting.
Key Appointment Details:
- Reason for Change: Appointment of Mr. Suraj Kumar Agrawal as Managing Director
- Date of Appointment: Effective from March 30, 2026
- Term of Appointment: Three years, until March 29, 2029
- Director Identification Number: 03260442
Profile of Appointee:
Mr. Suraj Kumar Agrawal is a seasoned Chartered Accountant with over 21 years of extensive experience across diverse domains of finance and accounting. His core areas of expertise include:
- Financial Planning & Analysis
- Budgeting and Forecasting
- Financial Reporting
- Variance Analysis
- Risk Management
- Cost Accounting
- Statutory Compliance
- Audit and Internal Controls
He has further strengthened his professional credentials by completing specialized certification courses in:
- Forensic Audit & Fraud Detection
- Financial Risk Analysis
These certifications were obtained from the Institute of Chartered Accountants of India (ICAI).