Announced Tue, 30 Sept · 15:55 IST

re-appointment of Mrs.Rajni Seth, non executive non -independent director anf re-appointment of Mr.Vikas Seth as Managibg Director of the Company

Promoter Family Board EntryManagement Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At the 34th Annual General Meeting held on September 28, 2025, shareholders approved the re-appointment of Mrs. Rajni Seth (DIN: 00350604) as a Non-Executive Non-Independent Director, including her continuation beyond the age of 75 years. Mr. Vikas Seth (DIN: 00383194) was re-appointed as Managing Director for a further 3-year term, from October 1, 2025 to September 30, 2028. The filing confirms that both directors are not debarred from holding office by any regulatory authority. Mrs. Rajni Seth holds 31 years of administrative experience, while Mr. Vikas Seth is a law graduate with over 30 years of experience in financial and stock markets.

Likely market impact

Continuity in leadership with the promoter family (mother Rajni Seth and sons Vikas and Sanjai) retaining control of the board. For retail investors, this signals stable but family-dominated governance at the company, with no independent changes in management direction.