LDLaser Diamonds531164Routine director change

Board approves director appointments, registered office shift, new corporate office and ₹1.45 crore loan

Board meeting held on 16 October 2026.

By ScoutQuest · Fri 16 Oct 2026, 5:23 PM IST · 2 min read

Director appointments

Mr. Sachin Mishra and Mr. Chandresh Dutt Upadhyay appointed Additional Non-Executive Independent Directors; Mrs. Mudrika Devi Woman Director

Loan facility

Loan agreement with Chemfit PVC Solutions Private Limited for a facility of ₹1.45 crore

Office change

Registered office shifts within Tamil Nadu to Mogappair East, Chennai; new corporate office at Dwarka, New Delhi, w.e.f. 17 October 2026

The company informed the exchange about the decisions approved at its Board meeting held on 16 October 2026.

Board changes

• Mr. Sachin Mishra appointed as an Additional Non-Executive Independent Director w.e.f. 16 October 2026.
• Mr. Chandresh Dutt Upadhyay appointed as an Additional Non-Executive Independent Director w.e.f. 16 October 2026.
• Mrs. Mudrika Devi appointed as an Additional Non-Executive Woman Director w.e.f. 16 October 2026.

The disclosures state that none of the three is related to any of the promoters, members of the promoter group or directors of the company.

Offices

• The registered office shifts within the State of Tamil Nadu, from B-28, Basement, City Centre No. 232/186, Purasawalkam High Road, Kilpauk, Chennai-600010 to 508, 2nd floor, Pillaiyar Koil Street, Golden George Nagar, Mogappair East, Chennai-600107, w.e.f. 17 October 2026.
• A new corporate office is established at 426, 4th Floor, Plot No. 5, City Centre, Dwarka, New Delhi-110078, w.e.f. 17 October 2026.

Loan facility

• The Board approved the execution of a Loan Agreement between the company, as Borrower, and Chemfit PVC Solutions Private Limited, as Lender, for a loan facility aggregating to ₹1.45 crore (Rupees One Crore Forty-Five Lakh only), subject to the terms and conditions of the agreement and applicable law.

Committee reconstitution

• Audit Committee: Lalit Samdaria (Chairperson, Executive Director), Sachin Mishra and Chandresh Dutt Upadhyay as members.
• Nomination and Remuneration Committee: Chandresh Dutt Upadhyay (Chairperson, Non-Executive Independent Director), Sachin Mishra and Mudrika Devi as members.
• Stakeholders Relationship Committee: Chandresh Dutt Upadhyay (Chairperson, Non-Executive Independent Director), Sachin Mishra and Lalit Samdaria as members.

How an investor may read it

• Two independent directors and a woman director joining the Board changes the composition of the Board and of its committees, and each of the new appointees is stated to be unrelated to the promoters, the promoter group or the directors.
• The registered office moves to a new address inside Tamil Nadu, and a separate corporate office is created in New Delhi.
• The company is entering into a loan arrangement as the borrower for a facility of ₹1.45 crore from Chemfit PVC Solutions Private Limited; the terms are those set out in the Loan Agreement.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

About ScoutQuest · Logos provided by Logo.dev