As per annexed outcome
Awaiting price reaction for this filing.
The Board approved seeking shareholder approval at an EGM on 25 March 2026 for four director appointments that were already made in prior board meetings during January–February 2026: Mr. Tarun Jain, Mr. Vicky Jain, Mrs. Sarita Jain as Directors, and Mr. Naresh Chand as Managing Director. The Board also recommended the removal of Ms. Darshan from the post of Director following a special notice received under Section 169 of the Companies Act, 2013. Additionally, two related party transactions were approved for shareholder consent — availing advertising/media services from AL Kamdhenu Gold Pvt Ltd and manpower services from V-Square Services Pvt Ltd. Mr. Chetan Gaur was appointed as Scrutinizer for the e-voting process. The notice is signed by CFO Shakti Sharma.
Largely procedural and housekeeping in nature, but the clustering of three Jain family members being appointed to the Board in quick succession suggests promoter-side board restructuring. Retail investors should watch the 25 March 2026 EGM outcome, particularly the related party transaction approvals, as these can affect minority shareholder interests.