Reappointment of Mr. Kapil Nagpal as managing director
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Shareholders of Tulasee Bio Ethanol Ltd approved the re-appointment of Mr. Kapil Nagpal (DIN: 01929335) as Managing Director at the 37th Annual General Meeting held on 25 September 2025. He will serve another 5-year term, from 25 September 2025 to 24 September 2030, and is liable to retire by rotation. Mr. Nagpal has been on the board since 31 January 2002, making this his continuation of a long-standing role, and he holds 10,00,000 equity shares in the company. He is related to Ms. Kritika Nagpal Lalit, the Women Director on the board. His last drawn remuneration from the company is reported as NIL.
This is a continuity event with no change in leadership — the existing Managing Director has been retained for another five years, so there is no disruption for shareholders. Investors should note that the MD's remuneration is currently NIL, which may warrant a watch on any future disclosures on pay structure.