Appointment and Resignation of director.
Awaiting price reaction for this filing.
At a board meeting on March 14, 2026, Colab Platforms Ltd appointed M/s. Nagadheep Sathyanarayana and Co. as the new Statutory Auditor to fill a casual vacancy caused by the mid-term resignation of the previous auditor, M/s. Rawka & Associates. The company also appointed Mrs. Hemant Kumar as an Additional Non-Executive Women Independent Director for a 5-year term ending March 13, 2031. Additionally, Mrs. Manali Karangutkar resigned as Independent Director, citing increased personal and professional commitments, and confirmed there are no other material reasons for her exit.
Shareholders should note the change of statutory auditor mid-term, which warrants watching for any further disclosures about why the previous auditor stepped down. The board continues to have independent oversight with a new woman independent director joining, though one independent director has also stepped out.