AGM/EGM23 Sept 2026, 04:03 pm
Medi Caps Ltd: AGM Approves Re-appointment of CMD, Director Appointment
AI Summary
Medi Caps Ltd announced that its 43rd Annual General Meeting (AGM), held on September 22, 2026, saw members approve key resolutions. The re-appointment of Mr. Alok K Garg as Chairman and Managing Director for a three-year term effective September 1, 2026, was confirmed. Additionally, Mrs. Saloni Garg was confirmed as a Director and Whole-Time Woman Director for a three-year term effective August 7, 2026. The company also disclosed the professional backgrounds and the familial relationship (father-in-law and daughter-in-law) between Mr. Alok K Garg and Mrs. Saloni Garg. These disclosures are in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- AGM approved re-appointment of Alok K Garg as CMD for three years.
- AGM approved appointment of Saloni Garg as Director and Whole-Time Woman Director.
- Both appointments are effective from August/September 2026 for three years.
- Disclosure highlights familial relationship between Alok K Garg and Saloni Garg.
- Company adheres to SEBI regulations for disclosures post-AGM.
Price Impact
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