Announced Fri, 14 Nov · 19:39 IST

Re-appointment of Mr. Anirudh Sethi (DIN-06864789) as managing director for 5 years.

Management Changes View source PDF

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AI summary

The Board of Alexander Stamps And Coin Ltd, at its meeting on November 14, 2025, approved the re-appointment of Mr. Anirudh Sethi (DIN: 06864789) as Managing Director for a further term of 5 years, from December 17, 2025 to December 17, 2030. Mr. Sethi is the Promoter of the company and brings experience in philatelic and numismatic collectibles, having participated in national and international exhibitions. The re-appointment, including his remuneration terms, is subject to shareholder approval at the upcoming General Meeting. The company has confirmed that Mr. Sethi is not debarred by SEBI or any other authority from holding this position.

Likely market impact

This is a continuity announcement — the existing promoter-MD retains leadership, providing stability for shareholders. The re-appointment still requires shareholder approval, and no immediate change in business direction or capital structure is indicated.