The Board at Board Meeting on 12th April 2025 approved - 1. Appointment of Mr Rajnish Kumar Pandey, DIN 01096119, as Additional Whole time Director wef 12th April 2025 for 1 year 2. Appointment ....
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Continental Controls Ltd held a board meeting on 12th April 2025 where it approved several corporate actions. The board appointed Mr. Rajnish Kumar Pandey (DIN: 01096119) as Additional Whole-time Director for 1 year at a remuneration of Rs. 40,000 per month; he holds qualifications including M.Com, LLB, FCA, and PhD in Finance. Ms. Lucy Maqbul Massey, a lawyer with an LLM from the University of Mumbai, was appointed as Additional Non-Executive Non-Independent Director for 5 years. The board also noted the resignation of Mr. Amit Navinchandra Thakkar (DIN: 00251194), though his role was not specified. Additionally, the company plans to change its object clause and adopt new Memorandum and Articles of Association under the Companies Act, 2013. An Extra-Ordinary General Meeting has been scheduled for 5th May 2025 to seek shareholder approval.
For shareholders, this is a routine governance update with mixed board changes — two new director additions and one resignation, plus constitutional amendments requiring EGM approval on 5th May 2025. The very low remuneration (Rs. 40,000/month) for the Whole-time Director and the small scale of these changes suggest a closely-held or small-cap company; investors should monitor the EGM outcome and any further clarity on the resigning director's role.