Please find enclosed intimation relating to appointment of Auditor under Regulation 30 of SEBI LODR
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Shah Construction Company announced two key board decisions on 13th August 2025. First, M/s. D. Kothari and Associates was re-appointed as Secretarial Auditor for FY 2025-26, and its proprietor Ms. Dhanraj Kothari was appointed as Scrutinizer for the 77th AGM. Second, Mr. Mehul Jadavji Shah (DIN: 00933528) was appointed as Managing Director for a five-year term starting 13th August 2025 to 12th August 2030, without remuneration and liable to retire by rotation. Mr. Shah has over 20 years of experience in management and business. He is the son of Mrs Jaywanti Jadavji Shah and cousin of Mr Sanjay Damji Shah, and is not debarred by SEBI from holding a director position.
The appointment of a promoter-family member as Managing Director signals continued family control over the company's leadership, though it comes without remuneration for now. This is largely a continuity event for shareholders with no immediate financial impact.