Announced Thu, 29 Jan · 18:54 IST

Outcome of Board Meeting held on January 29, 2026 in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

Management Changes View source PDF

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AI summary

Kusam Electrical Industries held a board meeting on January 29, 2026, and approved four key actions. First, it appointed Ms. Ankita Rajeshkumar Nahata (ICSI member, M.No: A79563) as the new Company Secretary and Compliance Officer, designated as Key Managerial Personnel. Second, it appointed Mrs. Anu Ranka (DIN: 11512569) as an Additional Non-Executive Independent Director for a five-year term, subject to shareholder approval; the company confirmed she meets independence criteria and is not debarred by SEBI. Third, it noted the completion of Mrs. Sushma Ranka's (DIN: 07038286) second and final term as Independent Director, with her cessation effective January 30, 2026. Finally, the board reconstituted the Audit Committee, Stakeholders Relationship Committee, and Nomination and Remuneration Committee in light of these changes.

Likely market impact

This is routine board-level housekeeping for a small-cap company. Shareholders should note the induction of a new Independent Director and a fresh Company Secretary, alongside the orderly exit of a long-serving Independent Director whose two consecutive terms have ended. The changes are administrative in nature and are unlikely to materially affect the stock price or business operations.