Board appoints new Company Secretary, reallocates equity fundraising proceeds
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Awaiting price reaction for this filing.
At the 29 June 2026 board meeting, Jagsonpal Services appointed Mr. Pranav Chaware as the new Company Secretary and Compliance Officer. He is a qualified CS with over 10 years of experience in compliance and FEMA matters. The board also approved reallocation of proceeds from a preferential equity share issue originally cleared by shareholders on 15 February 2025, subject to shareholder approval. No fresh fundraising details were disclosed.
Routine governance and capital allocation update; reallocation of fundraising use still needs shareholder nod. Watch for the special resolution notice.