Appointed 3 Directors and took note of completion of tenure of 2 Directors
Awaiting price reaction for this filing.
Inditalia Refcon Ltd held a board meeting on April 30, 2025, where it appointed three new directors: Mr. Vipul Gandhi as a Non-Executive & Non-Independent Director, and Ms. Shamika Prashant Masurkar and Mr. Chirag Kantilal Patel as Non-Executive & Independent Directors. All three appointments are subject to shareholder confirmation at the next general meeting. The board also noted the end of tenure of two existing Independent Directors, Mr. Dattatraya Amonker and Mr. Abhay Dadarkar, who completed two consecutive 5-year terms and stepped down effective March 31, 2025. Separately, the board approved a change of Registrar and Share Transfer Agent from MUFG Intime India to Purva Sharegistry, pending depository approvals.
This is a routine board reconstitution with independent director exits due to term limits being fully served, and fresh appointments replacing them. Shareholders should watch the upcoming general meeting for ratification of the new directors. The RTA change is administrative and unlikely to affect shareholders materially.