MD re-appointed; related party deals with subsidiary approved at AGM
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Members at the 43rd AGM on 28 Sep 2026 approved two items. First, re-appointment of Mr. Vimal Kumar Sharma (DIN 00954083) as Managing Director. He has 35-plus years experience in securities and financial investments, was first appointed on 13 Oct 2020, and holds NIL shares in the company. Second, related party transactions with the companys subsidiary capped at 2 crore rupees for FY 2026-27, to be done in the ordinary course at arms length, with quarterly Audit Committee review and stock exchange disclosures.
Leadership continuity with existing MD. Related party deals are within capped limits with audit oversight, a routine governance action.