Announced Fri, 5 Sept · 18:32 IST

Announcement under Regulation 30 (LODR)- For Change in the Management in the Company.

Management Changes View source PDF

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board, at its meeting on September 04, 2025, approved three re-appointments, all subject to shareholder approval. Mr. Danish Zakaria Aghadi (33, Promoter) was re-appointed as Managing Director for a second 5-year term. M/s. B. L. Dasharda & Associates was re-appointed as Statutory Auditor for a second 5-year term covering FY 2024-25 to 2029-30. Mrs. Sony Adhya Pandey was re-appointed as Non-Executive Independent Director for a second 5-year term. No new faces have been brought in — the existing promoter-MD, auditor, and independent director continue in their roles.

Likely market impact

Pure continuity announcement with no change in leadership or oversight. Routine re-appointments like these are generally neutral for the stock and unlikely to move the price, though they provide stability since the promoter-MD retains control and the same audit firm continues.