Management Change25 Aug 2026, 04:18 pm
New Markets Avenue Appoints Himanshu Khatri as Independent Director
AI Summary
New Markets Avenue Ltd announced the appointment of Mr. Himanshu Khatri as an Additional Non-Executive Independent Director for a term of five years, subject to shareholder approval. The board also approved the appointment of M/s. Ramesh Chandra Bagdi & Associates as Secretarial Auditor for five years and authorized Mr. Kishore Kanhiyalal Jain to negotiate software license purchases. The notice and Directors' Report for the 44th Annual General Meeting, scheduled for September 29, 2026, were also approved, along with e-voting facilities and the appointment of a scrutinizer.
Key Highlights
- Himanshu Khatri appointed as Additional Independent Director.
- Appointment is for a five-year term, pending shareholder approval.
- Secretarial Auditor appointed for a five-year term.
- Board approved notice for the 44th Annual General Meeting.
- Authorization given for software license negotiation.
Price Impact
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