Please find the attached Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
The Board of Directors met on 5th September 2025 and approved two key appointments. First, M/s. Maheshwari & Co. (Chartered Accountants, firm registration no. 105834W) has been appointed as the new Statutory Auditor for a 5-year term until the AGM for FY 2029-30, replacing the retiring auditor DBS & Associates whose term has completed. Maheshwari & Co. has a long history dating back to 1949 and provides a wide range of audit, tax and advisory services. Second, Mr. Sunil Kumar Mundra has been appointed as Internal Auditor for FY 2025-26. The Board also scheduled the 33rd Annual General Meeting for 30th September 2025 at 2:30 p.m. via video conferencing. Both appointments are subject to shareholder approval at the ensuing AGM.
This is a routine governance update with a standard auditor rotation due to completion of term (not a midterm resignation). For shareholders, the main action item is the upcoming AGM on 30th September where they will need to approve the new statutory auditor appointment. No material impact on stock price expected.