Appointment of an Independent Director in Annual General Meeting
BENGALASM · price
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At the 78th Annual General Meeting held on 29th September 2025, shareholders of Bengal & Assam Company Ltd approved the appointment of Shri Mudit Kumar (DIN: 00141585) as an Independent Director of the company. The appointment is for a term of five consecutive years, effective from 13th August 2025. The company confirmed that Shri Mudit Kumar meets the independence criteria under Section 149 of the Companies Act, 2013 and Regulation 16 of the Listing Regulations, is not related to any existing Director, and has not been debarred by SEBI or any other authority. His detailed profile was already shared with the stock exchange on 5th September 2025.
This is a routine board composition update with no immediate material impact on shareholders or stock price. It strengthens the board by adding a new independent director in compliance with corporate governance norms.