Board takes on record director and CEO-CFO resignations; approves new Company Secretary and CEO
Board meeting outcome (Oct 14, 2026).
By ScoutQuest · · 2 min read
- Board Meeting Date
- October 14, 2026
- CEO/CFO/Director Resignations
- Mr. Pawan Kumar Mittal (Non-Executive Non-Independent Director) and Ms. Anshu Aggarwal (CEO, CFO, KMP) resigned, immediate effect
- New Appointments
- Ms. Seema Kushwaha as Company Secretary & Compliance Officer; Mr. Ashish Kumar as CEO, w.e.f. October 14, 2026
The company informed the exchanges about decisions taken at its board meeting held on Wednesday, October 14, 2026, which commenced at 05:00 P.M. and concluded at 06:00 P.M. The meeting recorded two resignations and approved two appointments, each with immediate effect from October 14, 2026.
Resignations taken on record
- Mr. Pawan Kumar Mittal (DIN: 00749265), Non-Executive Non-Independent Director, tendered his resignation due to personal reasons, with immediate effect from October 14, 2026. He confirmed there are no other material reasons. His resignation letter also states that he ceases to be a member of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Grievances Committee.
- Ms. Anshu Aggarwal (PAN: ACKPA7147A) tendered her resignation as Chief Executive Officer (CEO), Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), with immediate effect from October 14, 2026, due to personal reasons. She also confirmed there are no other material reasons.
Appointments approved
- Ms. Seema Kushwaha (ACS-76245) appointed as Company Secretary and Compliance Officer and Key Managerial Personnel (KMP) of the company w.e.f. October 14, 2026. She is a qualified Company Secretary who qualified in 2024 from the Institute of Company Secretaries of India (ICSI) and holds a Bachelor of Commerce degree.
- Mr. Ashish Kumar (PAN: EUYPK5241P) appointed as Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of the company w.e.f. October 14, 2026. He is a finance and audit professional with approximately 7 years of professional experience in audit, internal audit, financial review, internal controls, risk assessment, accounting processes and management advisory.
How to read this
Both exits are recorded as being for personal reasons, with written confirmation that there are no other material reasons, and the resignation letters are attached to the update. The two appointments take effect on the same date as the resignations, so the Company Secretary and Compliance Officer role and the CEO role have named successors from the same day. For a reader tracking governance, the changes are in senior management and board composition.
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More numbers
- Professional experience of the newly appointed CEOapproximately 7 years
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