Announced Thu, 7 May · 16:51 IST

Outcome of the Meeting of the Board of Directors of Laddu Gopal Online Services Limited held today i.e. Thursday 07th May, 2026.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹0.84
prior close
base price
After-mkt
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-3.6-4.8-4.8-4.8-4.8-6.0-13.1-27.4-54.8
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AI summary

Laddu Gopal Online Services Limited held a board meeting on 7th May 2026 where three new directors were appointed: Mr. Kishanbhai Parmar as Non-Executive Non-Independent Director, Mr. Mehul Suthar as Non-Executive Independent Director, and Mrs. Ami Bhanshali as Non-Executive Independent Director. All three appointments are effective from 7th May 2026 and are subject to shareholder approval. Simultaneously, three directors resigned: Mr. Lovish Kataria, Mrs. Namrata Sharma, and Mr. Nitin Ashokkumar Khanna, all citing pre-occupation as the reason with no material concerns. The company has reconstituted all three committees (Audit, Nomination and Remuneration, and Stakeholders Relationship) with the same composition of the three newly appointed directors, with Mr. Mehul Suthar as Chairperson of each committee.

Likely market impact

The board has undergone a complete change in composition with an equal swap of directors. All three resigning directors confirmed no material issues behind their departures. The new directors bring professional backgrounds in trading, corporate law/compliance, and chartered accountancy. Shareholders will need to approve the appointments at the next general meeting.