Re-appointment of Managing Director and Appointment of Secretarial Auditor in the 42nd AGM held on 26/09/2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At the 42nd Annual General Meeting held on September 26, 2025, shareholders approved the re-appointment of Mrs. Nirmala Sridhar as Managing Director for one year, from October 1, 2025 to September 30, 2026. Mrs. Sridhar, aged 66, is an ex-banker with 39 years of experience and has been serving as MD of the company since October 2021. Shareholders also approved the appointment of M/s. Somy Jacob & Associates, Practicing Company Secretaries, as Secretarial Auditor for a period of five consecutive financial years starting FY 2025-26. The firm has over 18 years of experience in company law, SEBI laws, and FEMA regulations.
This is a routine governance update with no material impact on shareholders — it reflects continuity in leadership with the existing MD being retained, and brings in a new secretarial auditor for a standard five-year term.