The Board, at its meeting held today has considered and approved various businesses.
Awaiting price reaction for this filing.
The board held a meeting on September 6, 2025, and approved several key changes. Three new Additional Directors — Mrs. Binoti Shah, Mr. Vipul Patel, and Mr. Apurva Hathi — were appointed effective September 2, 2025, subject to shareholder approval. Two Independent Directors, Mr. Himanshu Kamdar and Mr. Ashok Damani, resigned effective September 3, 2025. The 31st Annual General Meeting was scheduled for September 30, 2025, with the register of members closed from September 24 to 30, 2025 for e-voting purposes. M/s GKV & Associates was appointed as Secretarial Auditor for a five-year term. All three board committees — Audit, Stakeholder Relationship, and Nomination & Remuneration — were reconstituted with the same three members led by Devang Jhaveri as Chairperson.
The simultaneous exit of two Independent Directors and entry of three new Additional Directors signals a notable board reshuffle ahead of the AGM. Shareholders should watch for the director appointees' backgrounds at the AGM, as the change in board composition could affect governance and committee oversight going forward.