Intimation regarding change in Directorate and Appointment of Secretarial Auditors of the Company.
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Suvidha Infraestate Corporation announced changes approved at its 33rd Annual General Meeting on 19th September 2025. Ms. Parul K. Gajjar was appointed as Non-Executive Independent Director for a 5-year term from 1st September 2025 to 31st August 2030. Mr. Kishore K. Goswami, the existing Managing Director, was re-appointed for another 5-year term (till 31st August 2030); he has been in real estate and construction for 46 years and holds 1,13,510 equity shares in the company. Additionally, M/s. Nishant Pandya & Associates, Practising Company Secretaries, was appointed as Secretarial Auditor for 5 years covering FY 2025-26 to FY 2029-30. The updated board now has 5 directors plus the Company Secretary, with one existing independent director set to retire in April 2026.
These are routine governance changes approved at the AGM with no negative signals. The re-appointment of the long-tenured MD signals continuity in leadership, while the new independent director strengthens the board. No material impact on shareholders or stock price is expected.