Kaushalya Infrastructure Development Corporation Limited has informed the Exchange regarding Board meeting held on Jun 28, 2025.
KAUSHALYA · price
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The Board of Directors of Kaushalya Infrastructure Development Corporation held a meeting on June 28, 2025, and approved several items. These include a Postal Ballot Notice seeking shareholders' approval, with e-voting scheduled from July 5, 2025 to August 4, 2025 (cut-off date June 27, 2025). The Board approved the re-appointment of three Whole-time Directors — Mr. Mahesh Mehra (for 5 years from September 3, 2025, with continuation beyond age 70), Mr. Tarak Nath Mishra (for 5 years from August 28, 2025), and Mr. Sanjay Lal Gupta (for 5 years from August 28, 2025) — all subject to shareholder approval. The Board also approved the continuation of Mr. Ram Krishna Mondal as Independent Director beyond age 75, subject to shareholder approval.
This is a routine governance update with no material change in management — all re-appointments are of existing directors. Shareholders will have the opportunity to vote on these re-appointments via postal ballot. The continuation of directors beyond standard retirement ages may be a minor governance point for retail investors to note, but the overall impact on the stock is likely neutral.