The Board of Directors of Melstar Information Technologies Limited have at their meeting held on Monday, the 22nd day of September, 2025, interalia considered and approved the following: 1. ....
Awaiting price reaction for this filing.
The Board of Directors of Melstar Information Technologies met on 22 September 2025 and approved three key items. First, they noted a circular resolution seeking an extension from the Registrar of Companies to hold the Annual General Meeting for FY 2024-25. Second, they appointed Ms. Bhawna Rajawat (ICSI Associate Member, A74845) as the new Company Secretary and Compliance Officer (Key Managerial Personnel). Third, they appointed Mr. Johnson Selvaraj (DIN: 10637235) as an Additional Director (Non-Executive and Independent) for a 5-year term, subject to shareholder approval at the next general meeting. Mr. Selvaraj brings over 34 years of professional experience, including 28 years in IT Infrastructure Services. The meeting lasted just 11 minutes, from 5:00 PM to 5:11 PM IST.
These are routine corporate governance updates with no direct impact on stock price or business operations. The AGM extension and KMP/board appointments signal administrative housekeeping, while the addition of an experienced IT industry veteran as Independent Director could bring useful domain expertise to the board.