Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Ashirwad Capital Ltd, at its meeting held on July 25, 2025, approved the re-appointment of Mr. Madhusudan Lohia (DIN: 00175621) as an Independent Director for a second term of five years, from July 29, 2025 to July 28, 2030. This re-appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Lohia, aged 57, holds a Bachelor's degree in Commerce and has prior experience serving as an Independent Director on the company's Board. He is not related to any other Director on the Board. The Board meeting ran from 3:50 PM to 4:20 PM, and the announcement was signed by Managing Director Dinesh Poddar.
This is a routine governance update with no material impact on the company's financials or operations. Shareholders will get to vote on the re-appointment at the next AGM, but the re-appointment signals board continuity rather than any strategic change.