We wish to inform that the members at the 19th Annual General Meeting held on September 30, 2025, have approved appointment of Mr. Uday Shankar Jha as Non-executive Director and re-appointment ....
Awaiting price reaction for this filing.
At the 19th AGM held on September 30, 2025, shareholders approved the appointment of Mr. Uday Shankar Jha as a Non-executive Director (liable to retire by rotation). Mr. Jha, who turned 75 in June 2025, required a special resolution under SEBI's Regulation 17(1A) for his continuation. Shareholders also approved the re-appointment of Mr. Rajendra Mohan Gonela as an Independent Director for a second consecutive 5-year term, from May 28, 2025 to May 27, 2030. Mr. Gonela will turn 75 in July 2026 during his term, also needing a special resolution under the same regulation. Both directors confirmed they are not debarred by any SEBI order.
This is a routine governance update with no material impact on shareholders or the stock. The re-appointment ensures continuity on the board for the next 5 years, while the new non-executive director adds to board strength.