Board Meeting Details

The Board of Directors meeting was held on Wednesday, 26th August, 2026 at 05:00 P.M at the registered office of the Company. The meeting commenced at 05:00 P.M. and concluded at 7:00 P.M.

Key Board Decisions

1. Appointment of Independent Directors

  • Mr. Rohit Mishra (DIN: 10100350) appointed as Additional Director in category of Non-Executive Independent Director effective August 26, 2026
  • Mr. Gaurang Karmakar (DIN: 09459798) appointed as Additional Director in category of Non-Executive Independent Director effective August 26, 2026
  • Term of appointment: 5 years
  • Subject to approval of shareholders of the Company
  • Both directors are not related to any existing Director of the Company
  • Both satisfy independence criteria under Companies Act, 2013 and SEBI LODR Regulations, 2015
  • Confirmed that neither director is debarred from holding office by SEBI or any other authority

2. Appointment of Non-Executive Non-Independent Director

  • Ms. Lily Mundu (DIN: 10118884) appointed as Additional Director in category of Non-Executive Non-Independent Director effective August 26, 2026
  • Liable to retire by rotation
  • Subject to approval of shareholders of the Company

3. Appointment of Internal Auditor

  • M/s. K S Jain and Associates, Chartered Accountants (Firm Registration No. 118066W) appointed as Internal Auditor for Financial Year 2026-27
  • Appointment based on recommendation of Audit Committee
  • Terms, conditions and remuneration to be mutually agreed upon
  • The firm specializes in Internal Audit, Taxation, GST, corporate finance, IRFS, and has field experience

4. Resignation of Independent Directors

  • Mr. Nikhil Mathur (DIN: 00192195) resigned as Non-Executive Independent Director effective August 26, 2026
  • Mr. Milan Shah (DIN: 02964070) resigned as Non-Executive Independent Director effective August 26, 2026
  • Both resigned due to personal and professional commitments
  • Both confirmed no material reasons for resignation other than those stated in resignation letters
  • Neither holds directorships in any other listed entities

5. Appointment of Scrutinizer for AGM

  • M/s. Shravan A. Gupta & Associates (Firm Registration No.: S2013MH230000) appointed as Scrutinizer for E-voting process
  • For the 35th Annual General Meeting of the company
  • Appointment pursuant to Section 108 of Companies Act, 2013 read with rule 20 and 22 of Companies (Management and Administrations) Rules, 2014

6. Re-appointment of Whole-Time Director

  • Mr. Sarthak Sharma (DIN: 08239430) re-appointed as Whole-Time Director for term of five years
  • Effective from August 26, 2026 till August 25, 2031
  • Subject to approval of shareholders of the Company in General Meeting