change in status of Directors Jay Dipak Patel and Pravinbhai Jashbhai Patel as Non promoter Non Executive Independent directors w.e.f. 01/10/2025 to 30/09/2030 (5 years) by passing special ....
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R R Securities Limited informed BSE that shareholders at the 32nd AGM held on 29 September 2025 approved two special resolutions converting the status of Jay Dipak Patel (DIN: 06995440) and Pravinbhai Jashbhai Patel (DIN: 08023196) from Additional Non-Executive Non-Independent Directors to Non-Promoter Non-Executive Independent Directors for a 5-year period from 1 October 2025 to 30 September 2030. The change was needed because the company's existing independent directors, Ajitsinh Chavda and Manish G Patel, completed their maximum two consecutive 5-year terms expiring on 30 September 2025. Both new directors have over 10 years of experience serving as Independent Directors at listed entity Akash Agro Industries Limited. The same AGM also reappointed statutory auditors S D P M & Co for a second 5-year term (FY 2025-26 to 2029-30) and appointed Kamlesh M Shah & Co as Secretarial Auditors for 5 years.
This is a routine board reconstitution with no disruption — outgoing independent directors completed their full tenure, and replacements are experienced independent directors, so there should be no material impact on the stock or shareholders. The continuity of statutory and secretarial auditors further signals stable governance.