Pursuant to Reg.30 of SEBI(LODR) regualtions, 2015, we hereby inform you that the Board of directors of Avon mercantile limited at its meeting held on 22nd January,2026 has approved the ....
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On 22nd January 2026, the Board of Directors of Avon Mercantile Ltd approved the appointment of Ms. Nikita Sehrawat as Manager of the company, effective the same day. The appointment is subject to approval of members at a General Meeting. As per the disclosure, Ms. Sehrawat has 1 year of post-internship experience in NBFC-related compliances, with expertise in legal and secretarial compliance. No relationship with existing directors was disclosed. The company stated the appointment will strengthen the management team and support long-term growth.
For most retail investors this is a routine mid-level management appointment and unlikely to have a material impact on stock price or business direction. Shareholders should note that the appointment still requires confirmation at a General Meeting.