Please find enclosed the outcome of Board Meeting held on 20 August, 2025
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Kairosoft AI Solutions Ltd held a board meeting on August 20, 2025, where several key decisions were approved. The board recommended ratifying a correction in the Postal Ballot notice dated June 13, 2024, where Mr. Sagar Khurana's appointment as Managing Director was wrongly stated as 'liable to retire by rotation' instead of 'not liable to retire by rotation' — his 5-year term runs from June 13, 2024 to June 12, 2029. The board also approved the appointment of M/s S. Agarwal & Co. as Statutory Auditors and M/s Sumit Bajaj & Associates as Secretarial Auditor, both for 5-year terms covering FY 2025-26 to FY 2029-30. Mr. Sumit Bajaj was also named Scrutinizer for the AGM e-voting process. The 43rd AGM is scheduled for September 15, 2025 via video conferencing, and the Directors' Report for FY 2024-25 was approved.
These are largely routine governance and compliance items. Shareholders will need to approve the MD rotation correction and auditor appointments at the upcoming AGM. No material financial impact on shareholders, though the correction of the MD's retirement-by-rotation status strengthens his position as a long-term appointee.