Outcome of BM held on 01.04.2025
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Standard Surfactants Ltd held a board meeting on April 1, 2025, where the board approved the re-appointment of Mr. Ankur Garg as Whole-time Director for a further period of 5 years, effective April 1, 2025 to March 31, 2030. The re-appointment is subject to shareholder approval and was made based on the recommendation of the Nomination and Remuneration Committee. Mr. Ankur Garg is a qualified Chartered Accountant who has been with the company since 2008. He is the son of Whole-time Director Mr. Atul Kumar Garg and nephew of Managing Director Mr. Pawan Kumar Garg, confirming continued promoter family involvement in the company's leadership.
This is a routine re-appointment of an existing Whole-time Director with no change in management control. Shareholders can expect continuity in operations, though the re-appointment will require member approval at the next general meeting. No material impact on stock price is expected.