Pursuant to the regulation 30 and other relevant regulations of the SEBI (LODR) Regulations, 2015 - Re-appointment of Independent Director.
SONAL · price
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Sonal Mercantile Ltd's board, at its meeting on September 2, 2025, approved the 40th AGM to be held on September 30, 2025 via video conferencing, along with the Board Report, MD&A, and Corporate Governance report for FY25. Mr. Pardeep Kumar (DIN: 08862414) was re-appointed as an Independent Director for a second 5-year term from September 9, 2025 to September 8, 2030, subject to shareholder approval. Mr. Munish Kumar Garg's first 5-year term as Independent Director ended on September 8, 2025, and Mr. Akash Bhardwaj (DIN: 11268343) was appointed as a new Additional Independent Director for 5 years in his place. The company also appointed Mr. Nitin Gupta as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30) and reconstituted the Audit, Nomination & Remuneration, Stakeholders Relationship, and Risk Management Committees.
This is routine corporate housekeeping with no material impact on shareholders or the stock price. The independent director changes maintain board composition continuity, and the secretarial auditor appointment is a standard regulatory requirement. Investors should watch the September 30 AGM for shareholder approvals.