Board approves Internal Auditor, Additional Director; approves in principle Kolkata branch office

Board approved Mahesh Sharma & Associates as Internal Auditor for FY 2026-27 to 2030-31 (Rs.

Fri 9 Oct 2026

Internal Auditor Appointed

Mahesh Sharma & Associates for FY 2026-27 to 2030-31

Internal Audit Fee

Rs. 25,000 per annum plus applicable taxes

Kolkata Branch Office Rent

Rs. 20,000 monthly rent

What the Board approved

The Board of Directors met on Friday, 09 October 2026 and approved three items, which the company intimated to BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Internal Auditor appointed

• M/s. Mahesh Sharma & Associates, Chartered Accountants (Firm Registration No. 014330N), has been approved as the Internal Auditor of the company for the financial years 2026-27 to 2030-31.
• Professional fee: Rs. 25,000 per annum plus applicable taxes, on terms and conditions mutually agreed upon.
• The stated rationale is to assist the company in reviewing and strengthening its internal control systems, management processes and operational efficiency, and to support compliance with applicable laws and regulatory requirements.
• Annexure A describes the firm as a professionally managed Chartered Accountancy firm headed by Mahesh Sharma, offering audit, taxation, advisory and compliance services.

New Additional Director

• Mr. Chandrashekhar Singh (DIN: 05131693) has been approved as an Additional Director in the category of Non-Executive Independent Director, with effect from 09 October 2026.
• He will hold office as an Additional Director up to the date of the ensuing Annual General Meeting, subject to Section 161(1) of the Companies Act, 2013.
• His appointment as an Independent Director for a term of five consecutive years is subject to the approval of the shareholders and compliance with the applicable statutory requirements.
• The company states he is not related to any of the existing directors, holds NIL shares in the company, has confirmed he meets the independence criteria, and is not debarred from holding the office of director.
• His profile: a serial entrepreneur, business coach and motivational speaker; qualifications include a Master of Computer Applications (MCA), an LL.B. from the University of Delhi and a Post Graduate Certificate in Enterprise Management (PGCEM), with courses relating to management, entrepreneurship and artificial intelligence from Harvard University. In his Form DIR-2 consent, he records 2 other companies in which he is already a director.

Branch office at Kolkata

• The Board considered and approved, in principle, a proposal to establish a branch office at 19, N.S. Road, 2nd Floor, Standard Chartered Bank Building, Kolkata - 700001, West Bengal.
• The proposed premises shall be taken on rent at a monthly rental of Rs. 20,000 (Rupees Twenty Thousand only), with effect from 01/10/2026.
• The Board was informed that the premises, i.e. M/s. Dill Developers Private Limited, are owned by Mr. Suresh Bohra. This is a related party transaction in which Mr. Suresh Bohra is a beneficiary. The Board noted the related-party aspect of the proposed arrangement and directed that all applicable provisions of the Companies Act, 2013 and the SEBI (LODR) Regulations, 2015 be duly complied with.
• Purpose: the branch office is intended to facilitate the company's business operations, development and coordination in Eastern India with Kolkata as its base.
• The Company Secretary has been authorised to execute all necessary documents in this regard.

How to read this

• The intimation is a board-outcome disclosure covering an audit appointment, a board addition and a branch-office plan.
• The internal audit engagement runs across the financial years 2026-27 to 2030-31, with the annual fee as stated above.
• The independent director appointment takes effect immediately, while continuation beyond the ensuing Annual General Meeting, and the five-year term, are subject to shareholder approval.
• The Kolkata branch is approved in principle; the rent stated is Rs. 20,000 per month, and the premises arrangement is flagged as a related-party transaction in which Mr. Suresh Bohra is a beneficiary.

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