Outcome of Board Meeting held on September 02, 2025
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SMT Engineering Ltd's board, at its meeting on September 2, 2025, approved the appointment of three new Non-Executive Independent Directors — Mr. Abhishek Kanungo (24+ years experience in electrical/project engineering in textiles), Mr. Rajendra Saxena (38 years in pharma marketing with Alkem Laboratories), and Mrs. Varsha Ravindra Bhadoriya (social welfare background, subject to IICA registration) — each for a first term of 5 years from October 1, 2025 to September 30, 2030, subject to shareholder approval at the AGM. The board also approved the FY2024-25 Board's Report along with the Management Discussion & Analysis, Secretarial Audit, and Corporate Governance reports. The Annual General Meeting was fixed for September 30, 2025 at 12:30 PM via video conferencing, with the e-voting cut-off date set as September 23, 2025 and the e-voting window running from September 27 to September 29, 2025. Mr. Soumya Bumb, Practicing Chartered Accountant, was appointed as the scrutinizer for the e-voting process.
This is a routine governance and AGM-related update. Adding three independent directors expands the board's expertise mix but has no direct bearing on financials or operations. Shareholders should note the AGM and e-voting dates if they wish to vote on the director appointments.