Outcome of board meeting
Awaiting price reaction for this filing.
The board approved several key items including the reconstitution of the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee. Mrs. Bhavna Sanghi was elevated from Non-Executive Director to Whole Time Director with remuneration effective 1 October 2025, subject to shareholder approval. Remuneration for Managing Director Mr. Sanjay Kumar Sanghi was also approved effective the same date. Material related party transactions for the period 1 October 2025 to 30 September 2026 were recommended for shareholder approval. The 33rd Annual General Meeting was scheduled for 30 September 2025 via video conferencing, with book closure from 23 to 30 September 2025.
Elevation of Mrs. Bhavna Sanghi to Whole Time Director signals a potential increase in promoter family involvement in day-to-day operations. Shareholders should review the related party transactions and director remuneration proposals ahead of the AGM, as these require their approval.