1. Resignation of Secretarial Auditor
The Board accepted the resignation of Mr. Jitendrakumar Rewashankar Rawal, Practising Company Secretary (ACS No. 20283; CP No. 54651), as Secretarial Auditor of the Company. The resignation was effective from 24 July 2026.
2. Appointment of Practising Company Secretary
The Board approved the appointment of Mr. Kunjal Dalal, Proprietor of K. Dalal & Co., Practising Company Secretary, Surat (FCS No. 3530; CP No. 3863), for providing Professional Secretarial and Compliance-related services.
3. Appointment of Secretarial Auditor
The Board approved the appointment of Mr. Kunjal Dalal as Secretarial Auditor to fill the casual vacancy caused by the previous auditor's resignation. The appointment is effective from 29 July 2026 and the term shall be up to the ensuing Annual General Meeting. The appointment is subject to member approval based on the recommendation by the Audit Committee.
Mr. Dalal has over three decades of experience in Company Law, LLP Act, Securities Laws, Legal Due Diligence, Mergers and Acquisitions, Listings and Capital Market Transactions. He holds Peer Review Certificate no. 8134/2026.
4. Appointment of Scrutinizer
The Board approved the appointment of Mr. Kunjal Dalal as Scrutinizer for conducting the remote e-voting and voting process at the ensuing Annual General Meeting.
5. Appointment of Company Secretary and Compliance Officer
The Board approved the appointment of Mr. Ishant Jain (ACS No. A42601) as Company Secretary and Compliance Officer and Key Managerial Personnel of the Company, effective from 29 July 2026. The appointment was based on the recommendation by the Nomination and Remuneration Committee.
Mr. Jain is an Associate Member of ICSI with over 10 years of experience in corporate secretarial, regulatory, and compliance functions, including expertise in SEBI regulations, stock exchange compliances, corporate governance, corporate restructuring, investor relations, and Companies Act compliances.
6. Board's Comment on Fine Levied by NSE
The Board considered NSE Notice No. NSE/LIST-SOP/FINES/0717 dated 30 June 2026 regarding a fine levied for non-compliance/delayed compliance with Regulation 33 of SEBI (LODR) Regulations, 2015.
The Board noted that the non-compliance occurred due to an inadvertent and unintentional error and was neither deliberate nor with any mala fide intention. The applicable fine was paid by the Company on 24 July 2026 after deduction of applicable TDS.
The Board authorized submission of an appropriate application/representation to NSE seeking waiver or refund of the fine and to undertake all necessary actions in this regard.