We wish to intimate the exchange that the Board of Directors of the Company met today on Dec 12, 2025 and upon recommendation of the NRC, subject to the approval of the shareholders of ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Satchmo Holdings' Board met on December 12, 2025, and approved the re-appointment of Mr. Nitesh Shetty as Chairman and Managing Director for one year (effective December 15, 2025 to December 14, 2026). Mr. Shetty is the promoter of the company and holds 44.76% of the equity share capital (6,52,73,350 shares). The Board also approved the re-appointment of Ms. Gayathri Muttur Nagaraj as a Non-Executive Independent Women Director for a second term of five years (till January 7, 2031). She is a qualified Company Secretary with 15+ years of experience across ICICI Prudential, MetLife, Samasta Microfinance, and Snowman Logistics. Both re-appointments are subject to shareholder approval.
This is a routine board-level housekeeping announcement with no material impact on operations or financials. The promoter continues to lead the company, and board continuity is maintained, which should be neutral for shareholders pending their approval at the next general meeting.