Outcome of Board Meeting dated 30.08.2025
Awaiting price reaction for this filing.
Paos Industries' board, at its August 30, 2025 meeting, appointed Mr. Sagar Borase as Whole-time Director (upgraded from Non-Executive Additional Director) for a 5-year term starting September 1, 2025. He brings 13+ years of experience in manufacturing operations from Hindustan Unilever and Hindustan Coca-Cola Beverages. Mr. Sanchit Arora, a Company Secretary with 9+ years of compliance experience, was appointed as Additional Non-Executive Independent Director for 5 years. The board also recommended appointing M/s P.C. Goyal & Co. as Statutory Auditors for 5 years (FY 2025-26 to 2029-30) and M/s Rajiv Rajeev & Associates as Internal Auditors effective September 1, 2025. The 35th Annual General Meeting is scheduled for September 30, 2025.
These are routine governance and leadership changes with no direct impact on financials. The addition of a Whole-time Director with strong FMCG manufacturing background could signal operational restructuring, while the new statutory auditor appointment will take effect only after shareholder approval at the AGM.