BSEHarmony Capital Service LtdLowNeutral
Announced Wed, 1 Jul · 18:35 IST

Board overhaul: new CFO, directors and auditors appointed after change in control

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Harmony Capital Services announced sweeping board changes effective 1 July 2026. Mr. Rajeev Kumar Singh is appointed as new CFO. Ms. Khusbu Agrawal and Ms. Sweta Agarwal join as Non-Executive Independent Directors for five years. Kale Malde and Co. is named new Statutory Auditor replacing Kapish Jain. Kalpesh Khatri and Associates is appointed Internal Auditor for FY26-27. Two Independent Directors and the previous CFO resigned, all citing a change in management and control of the Company.

Likely market impact

Significant change of control event. Entire top leadership replaced; shareholder approval still required for director and auditor appointments.