Change in management - Directors / Secretarial Auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 44th AGM held on 25th August 2025, shareholders approved multiple board changes. Sudesh Koti Reddy (62, B.Tech from University of Bradford, 37 years in engineering/manufacturing) was appointed as Non-executive Independent Director for a 5-year term starting 5th June 2025. Vedhanth Senthilkumar was regularised as Non-executive Non-independent Director — he is related to CMD Nethra J.S. Kumar and Director D. Senthilkumar. Arjun Balu was re-appointed as Independent Director for a second 5-year term starting 28th May 2026. M/s. MDS & Associates LLP was appointed as Secretarial Auditor for 5 consecutive financial years (FY2025-26 to FY2030-31). Sanjay Jayavarthanavelu retired and did not seek re-appointment; the resulting vacancy will not be filled.
This is largely routine governance housekeeping, but the addition of Vedhanth Senthilkumar — a family member of the CMD and another Director — reinforces promoter family influence on the board. Other changes are standard compliance items and unlikely to move the stock.