Dynacons Systems & Solutions Limited has informed the Exchange regarding Cessation of Mrs Archana Phadke as Non- Executive Independent Director of the company w.e.f. September 30, 2025.
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Dynacons' board, at its September 27, 2025 meeting, approved several changes effective around October 1, 2025. Mrs. Archana Phadke ceases to be Independent Non-Executive Director on September 30, 2025, upon completing her second term. In her place, Ms. Falguni H. Shah, a Chartered Accountant, has been appointed as Additional Independent Director for 5 years, subject to shareholders' approval via postal ballot (e-voting from October 8 to November 6, 2025). The company also accepted the mid-term exit of Cost Auditor M/s. Sarvottam Rege & Associates for FY 2024-25 (they are taking up other professional assignments) and appointed M/s. Rajaram Madhav Walavalkar & Co. as the new Cost Auditor for FY 2024-25 and 2025-26. Committees (Audit, NRC, Stakeholders' Relationship, CSR, Risk Management) have been reconstituted, with Ms. Shah joining all five and taking over as Chairperson of the Stakeholders' Relationship & Grievance Committee from October 1, 2025.
This is largely routine board-level housekeeping — a planned director rotation with a qualified replacement and an operational cost auditor swap. The mid-term cost auditor change is worth noting but does not signal a governance concern since a successor has already been appointed. No material impact expected on shareholders or the stock.