Attendance
The meeting was attended by directors Avneesh Sabherwal, Shruti Dange, and Sanjay Wase. Mr. Sanjay Wase was unanimously elected as Chairperson. The requisite quorum was present, and no leave of absence requests were received. The minutes of the previous board meeting held on September 18, 2026, were confirmed and signed.
Agenda Item 1: Approval of Unaudited Standalone Financial Results
The Board considered and approved the unaudited standalone financial results for the quarter and half year ended September 30, 2026. The Audit Committee had previously reviewed and recommended these results. The Statutory Auditors' Limited Review Report was noted. The resolution authorized any director to sign and submit the results to stock exchanges and publish them as required under applicable law, in compliance with Regulation 33 of SEBI LODR.
Agenda Item 2: Resignation of Company Secretary & Compliance Officer
The Board accepted the resignation of CS Kriti Singh from the post of Company Secretary & Compliance Officer and Key Managerial Personnel, effective immediately due to personal reasons. The resolution authorized any director to intimate stock exchanges and file requisite e-forms with the Registrar of Companies.
Agenda Item 3: Resignation of Chief Executive Officer
The Board accepted the resignation of Mr. Nitin Bhondwe from the post of Chief Executive Officer and Key Managerial Personnel, effective immediately. The Company Secretary was authorized to make necessary disclosures to stock exchanges and filings with the Registrar of Companies.
Agenda Item 4: Resignation of Directors
The Board accepted the resignations of three directors effective immediately due to preoccupation of business: Mr. Shravan Kumar Jaiswal (DIN: 11529021), Mr. Avneesh Sabherwal (DIN: 00427099), and Ms. Shruti Dange (DIN: 07231455). The resigning directors confirmed no other material reasons for resignation. The Board noted that committee compositions would be reconstituted and authorized any director to file Form DIR-12 and make stock exchange disclosures.
Agenda Item 5: Appointment of New Company Secretary & Compliance Officer
The Board appointed CS Apurv Maheshwari (ICSI Membership No. A72033) as Company Secretary & Compliance Officer and Key Managerial Personnel with immediate effect, based on the recommendation of the Nomination and Remuneration Committee. The resolution authorized any director to file necessary forms and make disclosures.
Agenda Item 6: Appointment of Chief Financial Officer
The Board appointed Mr. Nischal Aggarwal as Chief Financial Officer and Key Managerial Personnel with immediate effect, based on recommendations from the Audit Committee and Nomination and Remuneration Committee. Directors/Company Secretary were authorized to file necessary forms and make disclosures.
Agenda Item 7: Appointment of New Directors
The Board appointed Mr. S. Babu (DIN: 11009188) as an Additional Independent Non-Executive Director and Mr. Abhishek Jaiswal (DIN: 11529020) as an Additional Non-Executive Director, both effective immediately. Mr. Babu submitted a declaration of independence. These appointments are subject to shareholder approval within three months or at the next General Meeting. The Company Secretary was authorized to complete formalities for seeking member approval via postal ballot/e-voting.