Outcomes of Board Meeting held today on 05th day of September, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jagan Lamps' board approved several routine corporate items including the FY25 Board Report, appointment of Mr. Ashwani Mangla (NRI based in Australia with 24+ years in international trade) as an Additional Non-Executive & Independent Director, and appointment of M/s Mehak Gupta & Associates as Secretarial Auditor for a 5-year term (FY26 onwards). Mr. Surendra Prasad was appointed as Internal Auditor for FY26. The 33rd AGM is scheduled for September 29, 2025, with September 22, 2025 as the e-voting cut-off date. Separately, the board authorized representatives to file an appeal against a Standard Operating Procedure (SOP) fine previously levied by BSE, indicating a past regulatory penalty the company is challenging.
Most items are procedural AGM-related housekeeping unlikely to move the stock, but the BSE SOP fine and the company's decision to appeal against it is a mild negative governance/compliance flag worth monitoring. Appointment of a new independent director brings fresh oversight to the board.