Announced Wed, 3 Sept · 19:00 IST

Board considered and approved the following 1. Appointment of M/s Ritika Agrawal & Associates, Company Secretaries as Secretarial Auditor of the Company for a period of five consecutive ....

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AI summary

The board of Nouveau Global Ventures met on September 3, 2025 and approved several items. M/s Ritika Agrawal & Associates, Company Secretaries, was appointed as Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval. A special resolution will be placed before members to ratify the appointment of Independent Director Mr. Nikhil Kumar Rungta (DIN: 08789354), correcting an earlier procedural lapse where the approval at the 35th AGM was passed as an ordinary resolution instead of a special one as required under SEBI LODR Regulation 17(1C). The board also approved the FY 2024-25 Secretarial Audit Report, the Annual Report for the year ended March 31, 2025, and the notice for the 37th AGM scheduled for September 29, 2025 to be held via video conferencing. Mr. Arvind Dhanraj Baid was appointed as scrutinizer for the e-voting process.

Likely market impact

Largely routine corporate housekeeping with no material impact on shareholders or stock price. The proactive rectification of the resolution type for the independent director's appointment suggests the company is closing a minor SEBI compliance gap before it escalates.