Appointment of Ms. Deepa Garg (DIN: 10740685) as Additional Director in the category of Non-Executive Independent Director w.e.f. Monday, May 11, 2026, subject to the approval of members ....
Awaiting price reaction for this filing.
The Board of Directors of Aar Shyam India Investment Company Limited met on May 11, 2026 and approved two key decisions. First, the company proposed voluntary delisting of its equity shares from Calcutta Stock Exchange (CSE) without offering an exit opportunity to shareholders, while keeping the shares listed on BSE. Second, Ms. Deepa Garg (DIN: 10740685) was appointed as Additional Director in the category of Non-Executive Independent Director effective May 11, 2026, subject to shareholder approval at the ensuing General Meeting. Ms. Deepa Garg is an Associate member of ICSI and a postgraduate from Rajasthan Technical University. She holds no shares in the company and is not debarred from holding the office of director.
The voluntary delisting from CSE means the company's shares will continue trading only on BSE, reducing liquidity on one exchange. The appointment of an independent director strengthens board governance, though it requires shareholder confirmation.