Announced Mon, 25 Aug · 18:37 IST

Outcome of Board Meeting held on 25.08.2025.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Rikhav Securities Limited met on August 25, 2025, and approved several key items. These include the Board's Report and notes to accounts for the financial year ended March 31, 2025. The Board also approved the re-appointment of Mr. Monil Rajendra Shah (DIN: 08064436) as an Executive Director, who is retiring by rotation. The 30th Annual General Meeting has been scheduled for September 29, 2025, to be held via audio-video and other visual means. Additionally, the Board appointed M/s Ritul Parmar & Associates, Practising Company Secretaries based in Navi Mumbai, as the Secretarial Auditor for five consecutive years from FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. The meeting ran from 4:15 PM to 5:05 PM.

Likely market impact

This is a routine governance update with no major material impact on shareholders. The director re-appointment is standard (retiring by rotation), and the secretarial auditor appointment ensures regulatory compliance for the next five years. Investors should watch for the AGM on September 29, 2025, where shareholder approval for the auditor appointment will be sought.