Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
The Board approved the following matters:
1. Regularization of Mr. Rajendran Chinna Veerappan (DIN: 00460061) as a Non-Executive, Non-Independent Director of the Company, subject to approval of the Members of the Company
2. Modification of certain Material Related Party Transaction(s) pertaining to acceptance of loans from related parties
3. Approval of the Notice of Postal Ballot for seeking approval of the Members of the Company for the aforesaid matters
Director Appointments:
Mr. Rajendran Chinna Veerappan was appointed as Additional Director on April 24, 2026. His profile includes:
- 44 years of experience in banking and financial services sector
- Former CEO of CSB Bank
- Former Chairman and Managing Director of Andhra Bank
- Former CEO of the Association of Mutual Funds of India (AMFI)
- Experience with NSE Clearing Corporation and Corp Bank Securities
- Instrumental role in various high-level committees for policy development
Other Significant Information:
The company will conduct a postal ballot to seek shareholder approval for both the director regularization and modification of related party transactions