Announced Tue, 1 Sept · 12:29 IST

Board outcome: AGM notice, director reshuffle, new statutory auditor

Board & Shareholder Meetings View source PDFExplain this filing

Price

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Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹30.95
prior close
₹30.20
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AI summary

Board met on Sept 1, 2026 and approved 33rd AGM notice for Sept 30, 2026 via video conferencing. Register of members closed Sept 24-30. Mr. Suninder Veer Singh re-designated as Managing Director and Mr. Ranjan Jain as Whole-Time Director, each with Rs. 7 lakh monthly pay for 3 years. Statutory auditor STAV and Co resigned citing expired peer review certificate; Bansal Vijay and Associates appointed in their place at Rs. 2.5 lakh per year plus GST.

Likely market impact

Routine admin items. Leadership swap and auditor change with no operational impact stated by the company.