Detailed Summary
Key Resolutions and Appointments
Appointment of Company Secretary & Compliance Officer:
- Mr. Apurv Maheshwari (ICSI Membership No. A72033) was appointed as Company Secretary & Compliance Officer and Key Managerial Personnel with immediate effect from 12.11.2026.
- He has more than 3 years of experience in secretarial compliances as Compliance Officer with reputed firms.
- No relationship exists between directors and the appointee.
Approval of Financial Results:
- The Board approved the unaudited standalone financial results for the quarter and half year ended 30th September 2026.
- The Audit Committee had reviewed and recommended these results to the Board.
- The Limited Review Report issued by the Statutory Auditors was noted by the Board.
- Directors were authorized to sign and submit the results to stock exchanges and publish as required.
Resignations Accepted:
- CS Kriti Singh: Resigned as Company Secretary & Compliance Officer and Key Managerial Personnel due to personal reasons with immediate effect.
- Mr. Nitin Bhondwe: Resigned as Chief Executive Officer (CEO) and Key Managerial Personnel with immediate effect.
- Directors: Mr. Shravan Kumar Jaiswal (DIN:11529021), Mr. Avneesh Sabherwal (DIN:00427099), and Ms. Shruti Dange (DIN:07231455) resigned from the office of Director with immediate effect due to preoccupation of business.
New Appointments:
- Mr. Nischal Aggarwal: Appointed as Chief Financial Officer (CFO) and Key Managerial Personnel with immediate effect based on recommendations from Audit Committee and NRC.
- Mr. S. Babu (DIN:11009188): Appointed as Additional Director (Independent, Non-Executive) with immediate effect, subject to member approval.
- Mr. Abhishek Jaiswal (DIN:11529020): Appointed as Additional Director (Non-Executive) with immediate effect, subject to member approval.
Meeting Details
- Date: 12th November, 2026
- Time: 04:15 P.M.
- Location: Registered Office at 232, Shri Mohan Parisar Zone-1 M.P. Nagar, Bhopal, Madhya Pradesh 462011
- Chairperson: Mr. Sanjay Wase
- Directors Present: Avneesh Sabherwal, Shruti Dange, Sanjay Wase
- Quorum was present and the meeting was duly convened.
Authorization
Directors and Company Secretary were authorized to make necessary filings with Registrar of Companies (including Form DIR-12), disclosures to stock exchanges, and undertake all necessary actions to implement the resolutions.