Please find herewith enclosed disclosure under regulation 30 read with Part A of SEBI (LODR), 2015 with respect to re-appointment of Mr. Summit Agarwal as a director liable to retire by rotation
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 5th Annual General Meeting held on September 27, 2025, shareholders approved the re-appointment of Mr. Summit Agarwal (DIN: 08781729) as a director of the company. Mr. Agarwal, who was liable to retire by rotation, offered himself for re-appointment and was cleared by shareholders. The re-appointment has no fixed term since it is a rotational position. The filing also disclosed that Mr. Summit Agarwal is the son of Mr. Narayan Agarwal (Managing Director) and brother of Ms. Nidhi Agarwal (Director), confirming his place within the promoter family on the board. He is not debarred by SEBI, MCA, or any other authority.
This is a routine governance disclosure with no material impact on shareholders or the stock. It reinforces that promoter family members continue to occupy key board positions, which retail investors should note for governance purposes.