Results for the quarter ended June 30, 2025.
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Hind Commerce Limited's board, meeting on August 7, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025) along with the limited review report by statutory auditors SIG MAC & Co. The board appointed Mr. Umesh Lahoti (brother of existing Director Mr. Ujwal Lahoti) as Managing Director for 5 years and Mrs. Archna Maheshwari as an Additional Independent Director for 5 years. Mrs. Sonam Jain was appointed as Secretarial Auditor for a 5-year term (FY 2025-26 to 2029-30). The 40th Annual General Meeting has been scheduled for September 24, 2025, in Mumbai, with the cut-off date for e-voting set as September 17, 2025.
The elevation of Mr. Umesh Lahoti, who is related to existing director Mr. Ujwal Lahoti, indicates promoter-family consolidation at the top, which minority shareholders typically watch closely. The formal appointment of a new independent director and a secretarial auditor strengthens the governance setup, though governance watchdogs may scrutinise the related-party nature of the MD appointment.