25-JUN-2025- Inter alia, approved:- 1. Recommendation of Dividend, Subject to Members? Approval and approval of Record date The Board recommended a final dividend of ? 3 per equity share of ?1/- each for the financial year ended March 31, 2025, subject to approval of the shareholders at the forthcoming Annual General Meeting. The Promoters and the promoter group have expressed that they will be waiving of their rights to receive the dividend. The dividend, if approved, will be paid within the statutory timelines to those members whose names appear in the Register of Members as on the record date be fixed for this purpose. 2. Change of Designation of Mr. Kanav Jhunjhunwala (DIN: 09507192) from Director to Whole Time Director Pursuant to Regulation 30 read with Schedule III of the SEBI LODR Regulations, we hereby inform that the Board of Directors on the recommendation of the Nomination & Remuneration Committee at its meeting held on April 25, 2025 has approved Change in designation of Mr. Kanav Jhunjhunwala from Executive Director to Whole Time Director of the Company, for a period of 5 years with effect from April 25, 2025, subject to approval of the shareholders at the ensuing Annual General Meeting and such other approvals as may be necessary. 3. Appointment of CS Kapil Raj Yadav as Company Secretary & Compliance Officer The Board on the recommendation of the Nomination and Remuneration Committee approved the appointment of CS Kapil Raj Yadav (ACS: 75749) as a Company Secretary and Compliance Officer of the Company with effect from April 25, 2025 in terms of provisions of Section 203 of the Companies Act, 2013 and Rule made thereunder and Regulation 6 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. CS Kapil Raj Yadav has no relation with the Promoters or Directors of the Company. 4. Re-appointment of Internal Auditor ? KD Practice The Board approved the re-appointment of Ms. Pooja Dharewa (Mem. No. 135998) (KD Practice Consulting Private Limited) as the Internal Auditor of the Company for the financial year 2025-26, as per Section 138 of the Companies Act, 2013 and applicable rules. 5. Re-appointment of Cost Auditor ? Kasina & Associates The Board approved the re-appointment of M/s. Kasina & Associates (FRN: 104088), Cost Accountants, as the Cost Auditor of the Company for the financial year 2025-26, subject to ratification of remuneration by the shareholders, as per Section 148 of the Companies Act, 2013. 6. Re-appointment of Secretarial Auditor for 5 years ? CS Swati Gupta The Board approved the re-appointment of CS Swati Gupta, Practicing Company Secretary, as the Secretarial Auditor of the Company for a period of five years from FY 2025-26 to FY 2029-30, in accordance with Section 204 of the Companies Act, 2013 and applicable rules to conduct the Secretarial Audit of the Company. 7. Date and Time of AGM The 32nd Annual General Meeting of the Company will be held on Wednesday, June 25, 2025, at 11:00 Hours (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
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