Re-appointment of Mrs. Manju Singla as Managing Director of the Company for the further term of 5 years w.e.f 01st October, 2025.
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Titan Securities Ltd's Board has approved the re-appointment of Mrs. Manju Singla as Managing Director for a further 5-year term starting October 1, 2025. The re-appointment is based on the recommendation of the Nomination & Remuneration Committee and is subject to shareholder approval at the upcoming 33rd Annual General Meeting. Mrs. Singla, who has been with the company since November 2002 and holds 34.43 lakh equity shares, will serve without any remuneration. She is not debarred from holding directorship by any authority, and her role is not liable to retire by rotation.
This is a continuity announcement — the existing MD is being retained without pay, which signals stability in leadership but also raises questions about cost discipline versus governance. For shareholders, this is a routine procedural matter pending their approval at the AGM, with no immediate impact on stock price expected.