Appointment of Internal Auditor
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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VCU Data Management Ltd's board, at its July 21, 2025 meeting, accepted the resignations of Whole Time Director Mr. Shripal Bafna (effective June 23, 2025) and Non-Executive Non-Independent Director Ms. Payal Sharma (effective June 18, 2025), both citing personal reasons. Mr. Nirbhay Singh was appointed as the new Chairperson, and the Nomination & Remuneration Committee was reconstituted. In a significant move, promoters Shripal Bafna and Sanjay Vardhan applied for reclassification from 'promoter and promoter group' to 'public' category, subject to stock exchange and shareholder approval. The board also appointed M/s Ankur Gandhi and Associates as Secretarial Auditor for five years (FY25-26 to FY29-30) and M/s Mistry Foresight Consulting as Internal Auditor for FY 2025-26. The company is shifting its corporate office and books of accounts to a new address in Ahmedabad, Gujarat.
Two director exits combined with a promoter-to-public reclassification suggest an ownership and leadership restructuring is underway, which may affect governance dynamics and shareholding patterns. The relocation of the corporate office to Ahmedabad and appointment of fresh auditors indicate organizational changes that investors should monitor for further strategic clarity.