Submission of Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
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Tirupati Starch & Chemicals Ltd held its 39th AGM on August 29, 2025, where shareholders approved all agenda items. Key approvals include the appointment of M/s Harish Khandelwal & Company as the new Statutory Auditor for a 5-year term (replacing the retiring M/s ABMS & Associates). Mr. Amit Modi was re-appointed as Managing Director for 3 more years till May 30, 2028, while Mr. Prakash Chand Bafna was re-appointed as Whole-time Director for 3 years and additionally named Chairman. Mr. Ramdas Goyal's role shifted from Whole-time Director to Non-executive Non-Independent Director effective August 30, 2025. Two new Independent Directors were onboarded: Mrs. Arpita Garg (5-year term from June 15, 2025) and Mr. Saransh Agrawal (5-year term from October 1, 2025). M/s P.S. Tripathi & Associates was appointed as Secretarial Auditor for FY 2025-26 to 2029-30. The company also amended its MOA to permit setting up power generation facilities for captive consumption.
This is a routine post-AGM compliance filing. Shareholders should note the change in Statutory Auditor and the leadership shuffle involving Mr. Ramdas Goyal stepping back from an executive to a non-executive role. The MOA amendment signals the company may explore captive power generation to reduce energy costs, which could positively affect margins in the future.