Appointment of Mr. Ajit Jindal as Additional Director in the capacity of Non-Executive Independent Director of the Company for a period of 5 years commencing from 11th September, 2025 to ....
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B.D. Industries (Pune) Ltd announced several board changes effective September 11, 2025. Mr. Ajit Jindal (DIN: 03453684), an automotive R&D veteran with over 40 years of experience, was appointed as a Non-Executive Independent Director for a 5-year term (till September 10, 2030), subject to shareholder approval. In a simultaneous move, Mr. Vijay Goverdhandas Kalantri resigned as Non-Executive Independent Director citing other engagements, confirming no other material reasons. The board also approved new auditor appointments: M/s. Prajot Vaidya & Co. as Secretarial Auditor for FY 2025-26, and M/s. KCDR & Associates as Internal Auditor for a 5-year period through FY 2029-30. Additionally, the Managing Director and a Director were authorized to handle foreign exchange transactions and to avail an additional credit facility from HDFC Bank.
These are routine governance changes — one independent director replacing another with no disruption to the managing director's role, plus new auditor appointments that strengthen compliance. Minor positive signal on governance through fresh auditor appointments; HDFC Bank credit facility authorization suggests potential growth-related borrowing needs.