Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 ('SEBI LODR'), this is to inform you that the ....
Awaiting price reaction for this filing.
Aar Shyam India Investment Company Limited held a board meeting on May 20, 2026 where three key decisions were made. First, the Board approved submitting an application to The Calcutta Stock Exchange (CSE) for revocation of trading suspension in the company's equity shares, with Ms. Perla Pavani and Key Managerial Personnel authorized to execute related documents. Second, Ms. Pooja Manish Pandey was appointed as an Additional Non-Executive Independent Director effective May 20, 2026, pending shareholder approval at the ensuing General Meeting. She is an ICSI associate member and law graduate from Rizvi Law College, Mumbai University, holding no company shares. Third, Ms. Deepa Garg resigned as Additional Non-Executive Independent Director effective May 19, 2026, citing pre-occupation as the reason, with no other material reasons confirmed.
The trading suspension revocation application with CSE is a positive step toward restoring liquidity for shareholders. The director changes reflect board composition adjustments that should be neutral to mildly positive, as the company maintains independent director strength while replacing a departing member.