Management Change29 Jun 2026, 01:11 pm
Jagsonpal Services Appoints New Company Secretary, Reallocates Funds
AI Summary
Jagsonpal Services Limited announced the appointment of Mr. Pranav Chaware as Company Secretary and Compliance Officer, effective June 29, 2026. The Board of Directors also approved the reallocation of proceeds raised from a preferential issue of equity shares, subject to shareholder approval. Mr. Chaware brings over 10 years of experience in compliance, particularly with the Companies Act, SEBI, and FEMA regulations. The company previously known as Jagsonpal Finance and Leasing Limited is seeking shareholder consent for the fund reallocation.
Key Highlights
- Mr. Pranav Chaware appointed as Company Secretary and Compliance Officer.
- Reallocation of proceeds from preferential equity issue approved.
- Shareholder approval is required for fund reallocation.
- Mr. Chaware has over 10 years of compliance experience.
- Company was formerly Jagsonpal Finance and Leasing Limited.
Price Impact
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