Outcome of the Board Meeting held on 07th August 2025 w.r.t. approval of Directors Report, appointment of Secretarial Auditor, Internal Auditors, AGM matters and other related items thereon
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Labelkraft Technologies' board met on 7 August 2025 and approved the Directors Report for FY ending 31 March 2025 along with multiple governance items. The board re-appointed Mr. Ranjeet Solanki Kumar as Chairman and Managing Director for 5 years from 20 December 2025 at Rs 1.25 lakh/month, along with his two daughters — Ms. Shraddha (who is also the CFO) and Ms. Raashi Jain — as Whole-time Directors for 5-year terms at Rs 40,000 and Rs 60,000 per month respectively. Mr. D. Venkateswarlu was appointed as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), while M.K. Bagrecha & Associates was appointed as Internal Auditor for FY 2025-26, replacing the previous internal auditor J K V S & Co who declined to continue due to pre-occupation. The 3rd Annual General Meeting was scheduled for 4 September 2025, with the e-voting cut-off date set as 29 August 2025 and the register of members closed from 29 August to 4 September 2025.
The board is entirely family-controlled, with the founder and his two daughters occupying all three executive director positions, which minority shareholders may view as a governance red flag. Routine re-appointments and auditor changes are unlikely to materially move the stock, but shareholders should note the upcoming 3rd AGM on 4 September 2025.