Resignation of Whole-time Director, Appointment of Additional Executive Director, Shifting of corporate office and other general matters
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SSMD Agrotech India Ltd's Board meeting on April 6, 2026 approved the resignation of Ms. Surbhi Munjal as Whole-time Director (effective March 31, 2026) citing personal reasons. In her place, Mrs. Vandana Munjal has been appointed as Additional Executive Director with a monthly remuneration of ₹1,00,000. Notably, Mrs. Vandana Munjal is related to the promoter group. The Board also reconstituted the Stakeholders' Relationship Committee replacing Ms. Surbhi with Mrs. Vandana. Additionally, the company's corporate office is shifting from Preet Vihar to Libaspur in North West Delhi. The appointment of secretarial auditor M/s G. Rishabh & Co. was ratified, with the postal ballot process for shareholder approval cancelled as the SME listed company is exempt from Regulation 24A of SEBI LODR.
The resignation of a Whole-time Director and immediate appointment of another director from the promoter family suggests continuity in management control. Shareholders should note the family continuity in board representation and the operational shift to a new corporate address.