Key Actions Approved

The Board of Directors approved the following matters via Circular Resolution passed on 28th July, 2026:

1. Appointment of Independent Director

  • Mr. Ranjan Jagetia (DIN: 11848375) appointed as Additional Director in the category of Non-Executive Independent Director
  • Effective from: 28th July, 2026
  • Appointment made pursuant to Sections 149, 150, 152 and 161 of the Companies Act, 2013 and SEBI LODR Regulations
  • Subject to approval of shareholders
  • Recommended by the Nomination and Remuneration Committee
  • Term: Three years from 28th July, 2026

2. Committee Reconstitution

Reconstitution effective 28th July, 2026 following the appointment and vacancy created by resignation of Mr. Sudhir Maheshwari:

Audit Committee Composition:

  • Mr. Dinesh Chander Patwari - Chairman (Non-Executive Independent Director)
  • Mr. Upendra Prasad Singh - Member (Non-Executive Independent Director)
  • Mr. Ranjan Jagetia - Member (Non-Executive Independent Director)
  • Mr. Anurag Soni - Member (Managing Director & Executive Director)

Stakeholders Relationship Committee Composition:

  • Mr. Dinesh Chander Patwari - Chairman (Non-Executive Independent Director)
  • Mr. Ranjan Jagetia - Member (Non-Executive Independent Director)
  • Mr. Ram Pal Soni - Member (Chairman & Executive Director)

3. Risk Management Committee Changes

  • Change in Chairmanship effective 28th July, 2026
  • Mr. Vinod Kumar Sodani appointed as Chairman (Executive Director)
  • Committee composition remains otherwise unchanged:
  • Mr. Anurag Soni - Member (Managing Director & Executive Director)
  • Mr. Upendra Prasad Singh - Member (Non-Executive Independent Director)
  • Mrs. Irina Garg - Member (Non-Executive Independent Director)
  • Mr. Pranal Modani - Member (Chief Executive Officer)

Director Profile Details

Mr. Ranjan Jagetia:

  • President of Taj Imports Inc. (apparel sourcing and distribution company, Cleveland, Ohio, USA)
  • Associated with Aarco Uniform, Midwest Impex, Robotco Inc., and Oakwood Business Park
  • Investment Advisor Representative providing investment advisory and financial planning services
  • Educational Qualifications: MBA from Louisiana Tech University, USA (1988); Master of Accountancy from Case Western Reserve University, USA (1991)