StockWatch
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Iron & Steel Products
AGM/EGM25 Jun 2026, 02:43 pm

Gallantt Ispat Ltd Holds EGM, Approves Director Appointments & Remuneration Hikes

AI Summary

Gallantt Ispat Ltd held its Extra-Ordinary General Meeting (EOGM) on June 25, 2026, via Video Conferencing. The meeting focused on several key resolutions, including the appointment of Mr. Dindayal Jalan as a Director and Whole-time Director, and the appointment of Mr. Atul Kumar Gupta, Mr. Sanjay Kumar Jain, and Mr. Kishore Pariyar as Non-Executive Independent Directors. Additionally, the EGM approved increases in the remuneration for Mr. Chandra Prakash Agrawal (Chairman & Managing Director), Mr. Prem Prakash Agrawal (Whole-time Director), Mr. Nitin Mahavir Prasad Kandoi (Whole-time Director), and Mr. Mayank Agrawal (CEO). The company utilized NSDL for remote e-voting and e-voting during the meeting, with results to be announced by June 26, 2026.

Key Highlights

  • EGM held on June 25, 2026, via Video Conferencing.
  • Approved appointment of Dindayal Jalan as Director and Whole-time Director.
  • Appointed three new Non-Executive Independent Directors.
  • Increased remuneration for CMD, Whole-time Directors, and CEO.
  • Voting results to be announced by June 26, 2026.