Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, as amended ('Listing Regulations'), we are submitting herewith the outcome of the Board Meeting held on 30/10/2025 which commenced ....
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Avon Mercantile's board, which met on October 30, 2025, approved three key changes. Mr. Gaurav Aggarwal resigned from the post of Manager effective October 29, 2025, citing internal restructuring. In the same meeting, Ms. Himanshi Dhakad was appointed as Company Secretary and Compliance Officer effective October 30, 2025; she brings over 5 years of experience in corporate compliance and SEBI/FEMA regulations. Mr. Gaurav Aggarwal was simultaneously appointed as Chief Financial Officer (CFO), also effective October 30, 2025, bringing 8 years of experience in financial accounting and indirect taxation. Net effect: an internal reshuffle where the Manager role was replaced with a fresh CFO appointment, and a new compliance officer was onboarded.
This is an internal restructuring with no disruption to operations — the same person moved from Manager to CFO, and a new Company Secretary was appointed to strengthen compliance. For shareholders, this signals housekeeping and governance continuity rather than any negative event.