Clarification14 Aug 2026, 11:00 pm
Grandma Trading Clarifies Director Appointment Effective Date
AI Summary
Grandma Trading & Agencies Ltd has issued a clarification regarding the effective date of Mr. Avdhesh Chaurasiya's appointment as Whole-Time Director and CFO. The company stated that the effective date should be read as August 13, 2026, not August 1, 2026, as inadvertently mentioned previously. This clarification addresses a delay in intimating the correct details to the exchange. The company has also reinforced its internal compliance processes to prevent future procedural errors.
Key Highlights
- Clarification issued on the effective date of Mr. Avdhesh Chaurasiya's appointment.
- Effective date corrected to August 13, 2026, for a 5-year term.
- Mr. Avdhesh Chaurasiya also appointed as the Chief Financial Officer (CFO).
- Company regrets inadvertent error and procedural delay in disclosure.
- Internal compliance processes strengthened for future disclosures.
Price Impact
More from GRANDMA