Announced Wed, 11 Feb · 12:43 IST

Intimation of Outcome of EGM

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aravali Securities & Finance Ltd held its EGM on February 11, 2026, via video conferencing, which ran from 12:00 noon to 12:07 p.m. The single item of business transacted was the appointment of Mr. Naresh Kumar Goel (DIN: 00914743) as Managing Director of the company for a term of five consecutive years, effective February 11, 2026 to February 10, 2031, passed as an Ordinary Resolution. Remote e-voting was open from February 8 (9:00 a.m.) to February 10, 2026 (5:00 p.m.), with additional e-voting and poll facility provided at the meeting. Mr. Gaurav Arora, Practicing Company Secretary, was appointed as scrutinizer for the e-voting process. The voting results under Regulation 44(3) are to be submitted separately within two working days. The meeting was chaired by Ms. Chandra Lekha Poddar, Additional Director, and attended by multiple Independent Directors, the CFO, and the Company Secretary.

Likely market impact

This EGM formalizes the appointment of a new Managing Director for a 5-year term, a key leadership change for the company. Shareholders should watch for the separate voting results filing to confirm whether the appointment was approved with the requisite majority, as this directly affects top-level governance and future strategic direction.