Board has approved the resignation of Mr Anand Acharya as Internal Auditor of the Company and has appointed Mr. Ritesh Agrawal (Chartered Accountant and Company Secretary) as the Internal ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The board approved convening the 7th Annual General Meeting on 24th September 2025 along with the FY25 board report and annual report. M/s Anuradha Acharya & Co was appointed as the new secretarial auditor for a five-year term from FY26 to FY30, subject to shareholder approval. Mr. Anand Acharya stepped down as internal auditor citing professional preoccupation, and was replaced by Mr. Ritesh Agrawal (Chartered Accountant and Company Secretary) with immediate effect. The board also approved an investment of up to Rs 3.28 crore in subsidiary Alphalogic Industries Limited to subscribe to 11.7 lakh convertible warrants (out of 18 lakh warrants being issued) at Rs 28 per warrant on a preferential basis.
Most changes are routine corporate housekeeping — auditor rotation and AGM logistics. The warrant investment in the subsidiary indicates capital being deployed to support the subsidiary's growth, which could be mildly positive if value-accretive but carries execution risk.