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Advance Lifestyles Limited has appointed Mr. Vikas Gangwal as its new Company Secretary and Compliance Officer, effective June 1, 2025. The appointment was approved by the Board of Directors on May 27, 2025, based on the recommendation of the Nomination and Remuneration Committee. Mr. Gangwal is a qualified Company Secretary with experience in corporate laws, compliance, FEMA, IBC, and regulatory filings. He does not hold any shares in the company and is not related to any directors.
This is a routine KMP-level appointment with no material impact on shareholders or stock price. It indicates the company is filling a key compliance role to strengthen its governance framework.