Pursuant to the regulation 30 of the SEBI ( LODR) Regualtion 2015, please find enclosed herewith the disclosure with respect to the reduction of the remuneration of Managing Director ....
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The Board of Directors of NDA Securities Ltd, via a resolution passed by circulation on 3 February 2026, approved a downward revision in the remuneration of Managing Director Ms. Kajal Goel. Her salary has been cut from Rs. 3,00,000 per month to Rs. 1,50,000 per month, a 50% reduction, effective 1 February 2026. The change was recommended by the Nomination & Remuneration Committee and does not require shareholders' approval as it falls within the limits under the Companies Act, 2013.
A 50% pay cut for the MD may indicate cost-cutting measures, possibly reflecting subdued business performance or weak financial conditions. For shareholders, this could be seen as a sign of belt-tightening, though its implications for long-term value depend on the underlying reason for the cut and the company's overall strategy.