BSEDRA Consultants LtdLowNeutral
Announced Fri, 16 May · 12:21 IST

This is to inform you that the Board of Directors of the Company at their meeting held today i.e., Friday, May 16, 2025 at 11.00 A.M and concluded at 12.10 P.M. have considered and approved ....

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

DRA Consultants' board met on May 16, 2025 and approved several routine items. These include director disclosures and independent director declarations under the Companies Act, 2013. The board appointed M/s D N Tonpe & Co. as Internal Auditor for FY 2025-26 and M/s Kunal Dutt & Associates as Secretarial Auditor for a five-year term starting April 1, 2025, subject to shareholder approval. The board also approved a Related Party Transaction (RPT) Policy and authorized two officials — Mr. Rahul Ukey and Mr. Hemant Patankar — to sign documents related to tenders, contracts, and MPIDC projects in Rewa and Amarpatan.

Likely market impact

This is a routine board outcome with no material impact on shareholders — it covers auditor appointments, compliance filings, and operational authorizations for ongoing projects. Investors should note the new RPT Policy and the five-year secretarial auditor appointment, which strengthen governance going forward.