Anant Raj Limited has informed the Exchange regarding Change in Director(s) of the company.
ANANTRAJ · price
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Awaiting price reaction for this filing.
Anant Raj Limited's board, at its June 10, 2025 meeting, approved multiple changes including the notice for the 40th AGM on July 23, 2025 and a record date of July 16, 2025 for dividend entitlement for FY25. The three Sarin brothers — Amit Sarin (Managing Director), Aman Sarin (Whole-time Director & CEO), and Ashim Sarin (Whole-time Director & COO) — were all re-appointed for fresh 5-year terms starting January 1, 2026, continuing the promoter family's grip on top management. Two independent directors (Rajesh Tuteja and Kulpreet Sond) were also re-appointed for second terms, while retired IPS officer Rajendra Prasad Sharma was newly inducted as an additional independent director from July 1, 2025. Cost, internal, and secretarial auditors were also re-appointed or appointed. Notably, Company Secretary Manoj Pahwa ceased to be a Key Managerial Personnel (KMP) due to superannuation, with Neeraj Kumar replacing him.
The re-appointment of all three promoter brothers to MD, CEO, and COO roles signals continued family-led management, which may be viewed neutrally by markets given existing expectations. The KMP transition at the Company Secretary level is routine and unlikely to affect stock price. Shareholders will need to approve these re-appointments and the dividend at the upcoming AGM.