Disclosure under Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - AGM updates
SONAL · price
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Sonal Mercantile Ltd held its Annual General Meeting on September 30, 2025, where shareholders approved three key resolutions. First, Mr. Pardeep Kumar (DIN: 08862414) was re-appointed as an Independent Director for a second term of five years, from September 9, 2025 to September 8, 2030, bringing his banking industry experience back to the board. Second, Mr. Akash Bhardwaj (DIN: 11268343) was newly appointed as a Non-Executive Independent Director for five years over the same period, adding finance and accounts expertise. Third, Mr. Nitin Gupta, a Fellow Practicing Company Secretary (Membership No. F12404), was appointed as Secretarial Auditor for five consecutive years from FY 2025-26 through FY 2029-30. None of the appointees are debarred by any SEBI order.
These are routine governance updates with no negative implications for shareholders. The board is being refreshed and strengthened with relevant financial and banking expertise, and the long-term secretarial auditor appointment signals stable compliance oversight.