Outcome of Board meeting held on 30 July, 2025
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The board of DAPS Advertising approved several items at its July 30, 2025 meeting. It appointed M/s B.M. Chaturvedi & Co. as the new Statutory Auditor for a 5-year term, replacing M/s Kedia Gupta & Associates whose 5-year tenure ended. M/s HKS & Associates LLP was appointed as Secretarial Auditor for 5 years. The board recommended an increase in authorised share capital and an amendment to the capital clause of the MOA. Ms. Neha Rastogi was appointed as an Additional Independent Director, and Mr. Kamesh Sethi was re-appointed as Independent Director for a second 5-year term. The board took note of the earlier resignation of Independent Director Ms. Prachi Mishra. The 26th AGM was fixed for August 30, 2025, with August 23, 2025 as the record date for dividend payment.
These are largely routine governance updates — auditor rotation after a normal 5-year cycle, board refresh, and administrative items ahead of the AGM. Shareholders should watch the proposed authorised share capital increase, which may signal a future fundraising or issuance plan pending member approval.