Announced Wed, 24 Sept · 23:49 IST

Following Directors has been re-appoined in the 41st AGM of the company, held on 24th September, 2025: 1. Tapan Gupta as WTD 2. Surinder Babbar as Independent Director for 5 Years

Management Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

At the 41st Annual General Meeting held on September 24, 2025, shareholders approved the re-appointment of Mr. Tapan Gupta (DIN: 08880267) as Whole-Time Director, liable to retire by rotation, and Mr. Surinder Babbar (DIN: 08891337) as Independent Director for a second term of 5 consecutive years. Both re-appointments were recommended by the board on August 12, 2025 and the Nomination and Remuneration Committee. Mr. Tapan Gupta is the son of Mrs. Sheela Gupta, a non-Executive Director on the board, indicating a promoter-family presence on the board. The company disclosed that no new relationships, beyond the existing family link, were introduced.

Likely market impact

This is a routine governance event confirming continuity of existing board members with no change in board composition. For shareholders, the re-appointments are neutral and signal stability rather than any strategic shift.