The shareholders at its 34th AGM held on 30th September 2025 approved the appointment of Mr. Gaurav Soni and Ms. Anchal Agrawal as an independent Director of the Company.
Awaiting price reaction for this filing.
At its 34th AGM held on September 30, 2025, shareholders of Ashoka Refineries Ltd approved the appointment of two non-executive independent directors: Mr. Gaurav Soni (DIN: 11252209) and Ms. Anchal Agrawal (DIN: 11257309). Both have been appointed for a five-year term effective October 1, 2025, and neither holds shares in the company. Mr. Soni brings experience in corporate management, secretarial compliance, and strategic planning, while Ms. Agrawal has expertise in corporate governance, shareholder matters, and regulatory filings. In the same meeting, shareholders also approved the appointment of M/s G Soni & Associates, Practicing Company Secretaries based in Raipur, as the company's secretarial auditor for a five-year term covering FY 2025-26 to FY 2029-30. Both directors have been confirmed as not debarred by SEBI and meet the independence criteria under the Companies Act and SEBI LODR.
This is a routine corporate governance update that strengthens the board with two new independent directors and locks in a long-term secretarial auditor, which is generally neutral for shareholders. No material financial or strategic implications were disclosed.