Board meeting to note MD resignation and consider asset monetisation
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Daulat Securities has called a board meeting on 1 October 2026. Key items: take note of the resignation of Managing Director Jitendra Kochar (he will continue as Director, as announced at the 33rd AGM on 17 September 2026), approve a change in the Chairmanship of the Audit Committee, and consider options for monetising the company immovable properties through sale, redevelopment, joint development, or other arrangements to unlock value and improve resource use.
MD exit may raise governance questions; property monetisation could unlock value for shareholders or signal a shift in the asset base.