Change in Director / Key Managerial Personnel

  • Nature of Change: Appointment of Mr. Yashpal Sharma as Chairman and Managing Director
  • Name and DIN: Mr. Yashpal Sharma (DIN: 00520359)
  • Effective Date and Tenure: Appointment effective from 1st January 2027 for a term of 5 years, ending 31st December 2031
  • Profile and Qualifications: Mr. Sharma has overall experience of more than two decades in the field of Logistics sector which includes set-up and development of Strategy for Sales, Marketing, business promotion, strategic tie-up etc.
  • Eligibility Confirmation: Mr. Yashpal Sharma is not debarred from holding the office of director by virtue of any SEBI order or any other such authority
  • Relationship with Other Directors: Mr. Yashpal Sharma is brother of Mr. Tarun Sharma, Whole-time director of the Company
  • Governance Implications: Appointment as Chairman and Managing Director represents significant leadership change with strategic oversight responsibilities

Key Financial or Operational Approvals

  • Secretarial Auditor Appointment: Members approved appointment of M/s. MSTR & Associates as Secretarial Auditor of the Company
  • Term: 5 consecutive financial years commencing from Financial Year 2026-27 and continuing up to Financial Year 2030-31
  • Effective Date: 30th September 2026

Strategic or Business Context

No specific business outlook, risk commentary, or strategic context provided in the disclosure.

Any Other Material Information

  • Approval Authority: Both appointments were approved by Members of the Company in their Annual General Meeting held on Wednesday, 30th September, 2026
  • Secretarial Auditor Profile: M/s. MSTR & Associates is represented by Ms. Teena Rani (proprietor), a Practicing Company Secretary with over seven years of professional experience in corporate law, secretarial compliance, and governance. She has been a member of the Institute of Company Secretaries of India (ICSI) since 2015 and has been in professional practice as a Practicing Company Secretary since 2019. Her areas of expertise include Secretarial Audit, Corporate Governance and Listing Compliance.
  • Regulatory Compliance: Disclosure made pursuant to Regulation 30 read with Para A of Part A of Schedule II and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026
  • Company Representation: Hitesh Kumar, Company Secretary cum Compliance Officer (M. No. A33286) signed the disclosure
  • Filing Date: 01.10.2026