Announced Mon, 5 May · 16:45 IST

The Board of Directors at its meeting held on 05.05.2025 approved the appointment of M/s. Pritika Nagi & Associates as the Secretarial Auditor of the Company from Financial Year 2025-26 ....

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At a board meeting on May 5, 2025, Pan India Corporation approved three decisions. First, Non-Executive Non-Independent Director Mr. Omprakash Ramashankar Pathak resigned with immediate effect, citing inability to devote sufficient time due to personal commitments. Second, Mr. Pawan Sharma, who has experience in Administration and Real Estate, was appointed as a Non-Executive Non-Independent Director, subject to shareholder approval. He is not related to any existing directors. Third, M/s. Pritika Nagi & Associates was appointed as the Secretarial Auditor for a first term of five consecutive years covering FY 2025-26 to FY 2029-30, also subject to shareholder approval at the upcoming AGM.

Likely market impact

Routine board-level housekeeping with no major governance red flags — one director exit due to time constraints, one replacement with a non-related appointee, and a fresh secretarial auditor appointment suggest normal operational maintenance rather than any material change for shareholders.