Key Event and Dates
The clarification pertains to Agenda Item No. 5 concerning the regularization of Ms. Isha Rastogi as a Non-Executive Independent Director. Ms. Rastogi tendered her resignation from the Board of Directors with immediate effect on August 06, 2026, which was prior to the AGM. Her resignation was duly accepted and recorded by the company on that date.
Reason for Error and Clarification
The AGM notice, which included the agenda item for Ms. Rastogi's regularization, had already been circulated to shareholders before her resignation was received. Consequently, the item remained listed on the AGM agenda. During the filing of the AGM proceedings with the stock exchanges, the company inadvertently omitted to state that the item was not put to vote due to her prior resignation, and it was incorrectly reported as having been approved by the members.
Corrected Position
The company clarifies that Ms. Isha Rastogi ceased to be a director of the company effective August 06, 2026. The agenda item for her regularization was not transacted at the AGM and should not be construed as her continuation or appointment as a director.
Regulatory Request and Signatory
The company expresses regret for the inadvertent omission and requests that BSE take this clarification on record. The letter is signed by Kajal Goel, Managing Director (DIN: 10634514), and is dated September 14, 2026.
#Tags: #NDASecurities #AGM #BoardResignation #SEBIDisclosure #RegulatoryCompliance #Neutral