The board of Directors on recommendation of Nomination and Remuneration Committee approved the Re-appointment of Mr. Omprakash Ramashankar Pathak (DIN-01428320) as the Managing Director ....
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Bits Limited's Board, at its meeting on May 5, 2025, approved the re-appointment of Mr. Omprakash Ramashankar Pathak as Managing Director for a further 5-year term from May 6, 2025 to May 5, 2030, subject to shareholder approval at the 33rd AGM. Mr. Pathak has been with the company for 12 years and brings experience in Finance & Marketing. The Board also appointed M/s. Pritika Nagi & Associates, Company Secretaries, as the new Secretarial Auditor for a first term of 5 consecutive years covering FY 2025-26 to FY 2029-30, also subject to shareholder approval. Both decisions require member ratification at the upcoming Annual General Meeting.
Re-appointment of the existing Managing Director signals leadership continuity and stability for shareholders. The appointment of a new Secretarial Auditor is a routine compliance matter. Both items will be placed before shareholders for approval at the upcoming AGM, so no immediate change in management or governance until voted on.