Outcome of the Board Meeting held on 01.10.2025 a) Appointment of Non-Executive Independent Director at 40th AGM held on 30.09.2025 b) Cessation of office office of Non-Executive Independent ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board meeting held on October 1, 2025 recorded the appointments of two new Non-Executive Independent Directors at the 40th AGM: Mr. Giriraj Maheswari (DIN: 00796252) and Mr. Tejas Madhukant Vyas (DIN: 00391520), each for a 5-year term ending September 30, 2030. The office of two existing Non-Executive Independent Directors — Mr. Rajgopal Dhoot (DIN: 00043844) and Mr. Arvind Kumar Newar (DIN: 00469492) — was vacated effective September 29, 2025 due to expiry of their second 5-year term. The Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee were reconstituted with the new directors. The meeting ran from 3:00 PM to 4:00 PM.
This is a routine board refresh with no operational or financial impact — two seasoned independent directors exit (term completion) and are replaced by two new independent directors on similar 5-year terms, maintaining board strength and committee continuity.