Disclosure under Regulation 30 - Reappointment of Whole Time Director of the Company
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The board of Emerald Leisures Ltd, at its meeting on September 6, 2025, approved the reappointment of Mr. Rajesh Loya as Whole-time Director for a 5-year term starting November 11, 2025. Three new Additional Non-Executive Independent Directors were appointed: Mr. Ramaswamy Vaidyanath, Mr. Vaibhav A Agarwal, and Mr. Anirudha Joshi, all subject to shareholder approval for regularization over 5 years. Two existing directors (Mr. Jaydeep Mehta and Ms. Dhwani Mehta) were reappointed via rotation. The board also approved the appointment of M/s. Zankhana Bhansali & Associates as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30) and cleared related party transactions up to Rs. 500 Crores. The 91st AGM is scheduled for September 30, 2025 via video conferencing.
This is largely routine corporate housekeeping. Strengthening the board with three new independent directors and reappointing key management reflects stable governance. The Rs. 500 Crore related party transaction limit is notable and will require shareholder approval at the upcoming AGM.