Board takes on record Director and CEO-CFO resignations; approves new CEO and Company Secretary
Board meeting outcome, October 14, 2026.
By ScoutQuest · · 2 min read
- CEO/CFO Resignation
- Ms. Anshu Aggarwal resigns as CEO, CFO and KMP with immediate effect
- New CEO Appointed
- Mr. Ashish Kumar appointed CEO and KMP w.e.f. October 14, 2026
- New Company Secretary Appointed
- Ms. Seema Kushwaha appointed Company Secretary, Compliance Officer and KMP w.e.f. October 14, 2026
On October 14, 2026, the Board of Directors of the company met at the registered office from 05:00 P.M. to 06:00 P.M. and took the decisions below. All the changes take effect from October 14, 2026.
Resignations taken on record
- Mr. Pawan Kumar Mittal (DIN: 00749265) resigned as Non-Executive Non-Independent Director with immediate effect from October 14, 2026, due to personal reasons. The update states he confirmed there are no other material reasons for his resignation. He also ceases to be a member of the Audit Committee, the Nomination and Remuneration Committee and the Stakeholders Grievances Committee.
- Ms. Anshu Aggarwal (PAN: ACKPA7147A) resigned as Chief Executive Officer, Chief Financial Officer and Key Managerial Personnel with immediate effect from October 14, 2026, due to personal reasons. The update states she confirmed there are no other material reasons for her resignation.
Appointments approved
- Ms. Seema Kushwaha (ACS-76245) has been appointed Company Secretary, Compliance Officer and Key Managerial Personnel with effect from October 14, 2026. The update describes her as a qualified Company Secretary who qualified in 2024 from the Institute of Company Secretaries of India and holds a Bachelor of Commerce degree, with experience in corporate law, regulatory compliance, secretarial practices and commercial documentation.
- Mr. Ashish Kumar (PAN: EUYPK5241P) has been appointed Chief Executive Officer and Key Managerial Personnel with effect from October 14, 2026. The update describes him as a finance and audit professional with approximately 7 years of experience in audit, internal audit, financial review, internal controls, risk assessment, accounting processes and management advisory.
What to note
- The resignations are attributed in the update to personal reasons, and both officials confirmed there are no other material reasons.
- The CEO and Company Secretary positions were filled on the same day and with effect from the same date as the resignations.
- The resignations were placed before the Board as items taken on record, while the two appointments were approved by the Board.
- Mr. Pawan Kumar Mittal's resignation letter is dated October 11, 2026, and Ms. Anshu Aggarwal's resignation letter is dated October 14, 2026.
How to read this
This is a board meeting outcome covering changes in the company's board and senior management. It tells investors who now holds the top executive and compliance roles — the CEO position and the Company Secretary and Compliance Officer position both change hands from October 14, 2026 — and records the exit of a non-executive director along with his committee memberships.
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More numbers
- Professional experience of appointed CEO Mr. Ashish Kumarapproximately 7 years
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