AGM approves new auditor, 2 independent directors, preferential issue of warrants and shares

At the AGM on Sept 18, 2026, shareholders approved the appointment of A S Bhutani and Associates as statutory auditor for 5 years, filling the casual vacancy caused by the resignation of Kapil Sandeep and Associates. They also approved the appointment of Sourabh Parnami and Arvinder Singh Kohli as independent directors for 5 year terms. Additionally, a preferential issue of up to 2.32 crore warrants convertible into equity shares and 8 lakh equity shares at Rs 12.50 each was approved for non-promoters.