OUTCOME OF BOARD MEETING HELD ON 20.08.2025
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The board of Raghuvansh Agrofarms approved several items at its meeting on 20 August 2025. Ms. Kavya Agarwal was appointed as an Additional Director (Non-Executive); she is the daughter of the company's Managing Director Mr. Subodh Agarwal and Executive Director Ms. Renu Agarwal, making this a promoter family addition to the board. Mr. Rajit Verma, the existing Company Secretary since 2014, was also appointed as Internal Auditor for FY 2025-26. The board approved the notice for the 29th Annual General Meeting scheduled for 24 September 2025 in New Delhi, along with the book closure period from 17 to 24 September 2025. Mr. Vaibhav Agnihotri was named as Scrutinizer for the AGM voting process, and the draft Board's Report for FY 2024-25 was approved.
The appointment of a promoter family member (the MD's daughter) to the board signals continued family control of the company, which existing shareholders should note. The combination role of Company Secretary and Internal Auditor for the same person may raise governance concerns among investors focused on independence of oversight functions.