Announced Thu, 10 Jul · 17:14 IST

Appointment of Independent Director

Management Changes View source PDF

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AI summary

Agarwal Fortune India Limited (formerly Devki Leasing and Finance Limited, BSE Scrip: 530765) has appointed Mrs. Pooja Dangayach (DIN: 11056575) as an Independent Director of the company. Shareholders approved the appointment at an Extraordinary General Meeting held on 9th July 2025. She will serve a 5-year term from 9th July 2025 to 8th July 2030 as a Non-Executive Woman Independent Director, not liable to retire by rotation. Mrs. Dangayach is a Commerce Graduate from the University of Rajasthan (2018) with about 5 years of experience at a Jaipur-based Chartered Accountancy firm, specialising in finance, taxation, and accounting. She holds no other listed entity directorships, has no committee memberships, and has no relationships with existing directors or key managerial personnel. The board also confirmed she is not debarred by SEBI or any other authority from holding a directorship.

Likely market impact

This is a routine corporate governance update with no material impact on the stock price. It strengthens board independence by adding a woman director with finance and taxation expertise, helping the company meet independent director and gender diversity requirements.