StockWatch
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Auto Components & Equipments
Board Meeting12 Nov 2026, 10:01 pm

Autofurnish Ltd Board Approves Unaudited Financials, Appoints Director

AI Summary

Autofurnish Limited announced that its Board of Directors, in a meeting held on November 12, 2026, approved the unaudited financial statements (standalone and consolidated) for the half-year ended September 30, 2026, along with the limited review report. The board also approved the disclosure of related party transactions for the same period. Key management changes included the appointment of Mr. Pulak Kumar Palit as an Additional Director (Non-Executive Independent) for five years, subject to shareholder approval, and the acceptance of the resignation of Mr. Sourav, Non-Executive Independent Director. Additionally, a General Power of Attorney was granted to Mr. Ruppal Wadhwa and Mr. Puneet Arora. The company also signed an MOU for acquiring a share in Wagenlov Private Limited to develop, market, sell, and manufacture automotive fragrance and car-care products in India.

Key Highlights

  • Unaudited financial results for H1 FY27 approved.
  • Appointment of Mr. Pulak Kumar Palit as Additional Director.
  • Resignation of Mr. Sourav accepted.
  • MOU signed for acquiring stake in Wagenlov Private Limited.
  • General Power of Attorney granted for financial dealings.