Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform: 1. Recommendation of appointment of M/s. Sandeep Dar & Co. as Secretarial Auditor 2. Appointment of M/s ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At its August 14, 2025 meeting, the Board approved several changes: (1) appointment of M/s. Sandeep Dar & Co. as Secretarial Auditor for a 5-year term (FY 2025-26 to 2029-30), (2) appointment of M/s. M.M. Dubey & Co. as Internal Auditor for FY 2025-26, (3) appointment of Mr. Yash Sanjiv Rungta (Chartered Accountant) as Additional Independent Director to comply with SEBI's board composition rules, and (4) reconstitution of the Audit Committee and Nomination & Remuneration Committee. The Board also approved the re-appointment of Mr. Dinesh Ramprasad Poddar as Managing Director for 3 years (June 2026 to May 2029) and Mr. Prabhat Dinesh Poddar as Whole-time Director for 3 years (April 2026 to March 2029), subject to shareholder approval. Both re-appointments are within the Poddar family — Dinesh is Prabhat's father — showing continued promoter family control of the company.
Routine governance housekeeping with no negative signals. The new independent director strengthens board independence and helps meet SEBI requirements. Father-son re-appointments at the top reinforce promoter family leadership, which provides continuity but may concern shareholders preferring wider professional management.