Dear sir/Madam, We would like to submit that, the shareholders have approved the following in the 34th AGM of the Company:- 1.Appointment of Dr.Bala Kutti as Managing Director. 2.M.s ....
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Indus Finance Ltd informed BSE about three key approvals passed by shareholders at its 34th AGM held on 23rd July 2025. First, KRA & Associates, a peer-reviewed firm of Practicing Company Secretaries, was appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. Second, Dr. Bala V Kutti, previously an Executive Director, was redesignated as Managing Director for 5 years (27 May 2025 to 26 May 2030); he holds a Stanford Business School alumni background with over 2 decades of experience in investment banking and private equity. Third, Ms. KBK Vasuki, a former Madras High Court Judge, was re-appointed as Independent Director for a second 5-year term ending 28 July 2030.
These are routine governance updates with no negative implications - a secretarial auditor appointment, an internal leadership elevation to MD, and continuity of an independent director. Shareholders should note stable board continuity and no resignations or governance red flags.