Promoter MD re-appointed for 3 years; new auditor fills casual vacancy
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At the 17th AGM, shareholders approved two items. First, re-appointment of promoter Rajesh Kumar Sodhani (DIN 02516856) as Managing Director for 3 years until the FY2029 AGM; he has 32 years of finance experience. Second, M/s Rajvanshi and Associates (FRN 005069C) was appointed as the new Statutory Auditor to fill the casual vacancy caused by the resignation of the previous auditor M/s J C Kabra and Associates (FRN 115749W), to serve until the next AGM.
Leadership continuity with the founder MD; mid-term auditor change is routine but investors may watch for any disclosure on the prior auditor's exit reason.