NDA Securities511535Routine director change

Board approves two independent directors, one non-independent director and a company secretary

Board approved: Mr. Sudhir Kumar and Mr. Vivek Sarda as Additional Directors (Non-Executive Independent) for 5 Years each; Mr. Brijeshwar Patel as Additional Director (Non-Executive Non-Independent) for one year.

By ScoutQuest · Mon 2 Nov 2026, 5:08 PM IST · 2 min read

Independent Directors Appointed: Mr. Sudhir Kumar and Mr. Vivek Sarda as Additional Directors (Non-Executive Independent) for 5 Years each
Non-Independent Director Appointed: Mr. Brijeshwar Patel as Additional Director (Non-Executive Non-Independent) for one year
Company Secretary and Compliance Officer: Ms. Gungun Goel as Company Secretary and Compliance Officer

What the company told the exchanges

NDA Securities Ltd informed the stock exchanges about decisions taken at its Board meeting held on Monday, November 02, 2026, which commenced at 04:00 P.M. and concluded at 04:14 P.M. All appointments were made on the recommendation of the Nomination and Remuneration Committee.

Who joins the board

Mr. Sudhir Kumar has been appointed an Additional Director in the category of Non-Executive Independent Director, with immediate effect from the conclusion of the Board meeting on Monday, November 02, 2026, for a period of 5 Years, subject to the Shareholder's approval in the ensuing General Meeting. The update notes he is not liable to retire by rotation. He is a practising company secretary with 3.5 Years of experience in corporate laws, SEBI listing laws, regulatory compliance and compliance audits.
Mr. Vivek Sarda has been appointed an Additional Director in the category of Non-Executive Independent Director, with immediate effect, for a period of 5 Years, subject to the Shareholder's approval in the ensuing General Meeting. He is a practising chartered accountant with 6 Plus Years of experience in business management consultancy, finance, taxation and legal compliance.
Mr. Brijeshwar Patel has been appointed an Additional Director in the category of Non-Executive Non-Independent Director, with immediate effect, for a term of one year, subject to the Shareholder's approval in the ensuing General Meeting. He is a management and economics graduate with more than Twenty Five years of experience across business development, strategy evaluation and capital markets.

Who takes charge of compliance

Ms. Gungun Goel (ACS 81455) has been appointed as the Company Secretary and Compliance Officer of the Company with effect from the conclusion of the meeting on Monday, November 02, 2026. She is a commerce graduate and an Associate Member of the Institute of Company Secretaries of India.

Why the categories matter

An independent director is meant to sit outside the promoter or executive fold and bring an outside view to board decisions. A non-independent director can be linked to the promoters or the management. Mr. Patel's appointment falls in that category and is for one year.

Other details disclosed

Shareholding of Mr. Sudhir Kumar, Mr. Vivek Sarda and Mr. Brijeshwar Patel in the Company is stated as NIL.
None of the three directors is related to any of the Directors of the Company.
Each of the three is stated not to be debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.

What this means for the reader

The update is about who sits on the board and who handles secretarial compliance, not about earnings or business operations. The two independent director roles carry 5 Years terms, the non-independent role runs for one year, and the director appointments still need shareholder approval at the coming General Meeting.

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