Announced Sat, 27 Sept · 19:27 IST

Disclosure of pursuant to the provisions of regulation 30 read with Schedule III of the SEBI LODR regulations , 2015 . Reappointment of Independent Directors and appointment of Statutory ....

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Storage Technologies and Automation Ltd informed the stock exchange that shareholders at its 15th Annual General Meeting on September 27, 2025 approved the reappointment of four Independent Directors — Mr. Sreenivasan Ramakrishnan, Mr. Fayaz Gangjee, Mr. Arthur Denzlin Hirenallur Girishappa, and Ms. Japna Choudhary — for a third consecutive one-year term from November 23, 2025 to November 22, 2026. None of the directors are related to existing board members or debarred by SEBI. Additionally, MSSV & Co, Chartered Accountants (established 1981), was appointed as the new Statutory Auditor for a five-year term covering FY 2025-26 to FY 2029-30, replacing CGSS & Associates LLP whose term expired at the conclusion of the AGM.

Likely market impact

This is a routine governance update — no resignations, no governance red flags. The director reappointments and auditor rotation are standard AGM approvals and are unlikely to materially affect the stock price.