The Board of Directors at its meeting held on 04 June, 2026 has approved the appointment of M/s Sohan Lal Jalan and Associates, Cost Accountants, as Cost Auditor of the Company to conduct ....
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The Board of Directors of RDB Infrastructure And Power Ltd, at its meeting held on 4 June 2026, approved two key items. First, M/s. Sohan Lal Jalan and Associates, Cost Accountants (Firm Registration No. 000521), with over 41 years of experience, was appointed as the Cost Auditor to audit the company's cost records for FY 2026-27, subject to shareholder approval at the upcoming AGM. Second, the Board approved issuing a Postal Ballot Notice to seek shareholder approval for regularizing the appointment of Mr. Shubham Vaidya (DIN: 11294349) as Managing Director, who was originally appointed by the Board on 9 April 2026. Ms. Prachi Bhartia, Practicing Company Secretary, was appointed as the Scrutinizer for the postal ballot's e-voting process.
These are largely routine governance and compliance actions. The Cost Auditor appointment ensures statutory cost audit compliance for FY 2026-27. The Postal Ballot for MD regularization is a procedural step required because the Board-appointed MD needs shareholder ratification, which is standard under the Companies Act, 2013. No material impact on shareholders or stock price is expected.