AGM approves Secretarial Auditor appointment, Statutory Auditor re-appointment and two Independent Directors

M/s Lal Ghai & Associates as Secretarial Auditors for FY2026-27 to 2030-31 (5 years).

Wed 30 Sep 2026

Secretarial Auditor Appointment

M/s Lal Ghai & Associates appointed for FY2026-27 to 2030-31 (5 years)

Statutory Auditor Re-appointment

M/s R M S G & Associates re-appointed for FY2026-27 to 2030-31 (5 years)

Independent Director - Ms. Shailja

Designation changed from Additional Director to Independent Director for up to 5 years from 24 August 2026

Independent Director - Ms. Palak Chugh

Designation changed from Additional Director to Independent Director for up to 5 years from 24 August 2026

AGM Date

30 September 2026

What was approved

At the 05th Annual General Meeting held on 30 September 2026, shareholders approved four items relating to auditors and the board.

• M/s Lal Ghai & Associates, Practising Company Secretaries, Ludhiana, appointed as Secretarial Auditors for five consecutive years, from FY2026-27 to FY2030-31. The appointment was based on recommendations of the Audit Committee and the Nomination & Remuneration Committee.
• M/s R M S G & Associates, Chartered Accountants, re-appointed as Statutory Auditors for five consecutive years, FY2026-27 to FY2030-31.
• Ms. Shailja's designation changed from Additional Director to Director (Independent Director), not liable to retire by rotation, for a term of up to five consecutive years commencing 24 August 2026.
• Ms. Palak Chugh's designation changed from Additional Director to Director (Independent Director), not liable to retire by rotation, for a term of up to five consecutive years commencing 24 August 2026.

About the directors

Ms. Shailja's stated expertise covers corporate secretarial practices, securities laws, SEBI regulations, stock exchange compliances, IPO and listing-related matters. Ms. Palak Chugh's stated expertise covers the Companies Act 2013, corporate law, corporate governance and regulatory compliance, with experience in banking and financial matters. Both are stated to be not debarred from holding office of director by any SEBI or other authority order.

What it means for investors

A secretarial audit is an independent check on whether a company follows company law, SEBI and listing rules. Appointing a secretarial auditor for a fixed five-year term and confirming the statutory auditor and independent directors are standard governance steps following shareholder approval. There is no financial impact disclosed in these resolutions.

The meeting commenced at 03:00 P.M. and concluded at 03:35 P.M.

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