BSENam Securities LtdMediumNeutral
Announced Sat, 6 Sept · 18:12 IST

The Board has considered and approved Annual Report, which includes Notice, Directors'' Report, Mgt. report, and appointment/re-appointment of Directors, Auditors & others. Out-come of ....

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board approved the Annual Report for FY ending March 31, 2025, along with the Directors' Report, Management Discussion & Analysis, and Corporate Governance Report. The 31st Annual General Meeting has been scheduled for September 30, 2025, at Sainik Farms, New Delhi, with the book closure period running from September 24 to September 30, 2025. The Board approved the re-appointment of Ms. Ashwani Goyal as Director and increased the remuneration of Executive Director Ms. Divya Goyal to up to ₹3 lakh per month plus perquisites and allowances. The company also appointed new statutory auditor Satya Prakash Garg & Co for a 5-year term, Raj K Sri & Co as Internal Auditor, and N S & Associates (Prop. Nagendra Chauhan) as Secretarial Auditor for FY 2025/26 to 2029/30.

Likely market impact

This is largely routine AGM-related housekeeping with the annual report approval and director re-appointment. The change of statutory and internal auditors is a governance development worth tracking, while the higher pay for the Executive Director reflects an increase in fixed costs going forward.