
Board Meeting26 Mar 2026, 06:34 pm
Pasupati Fincap Ltd Appoints Mrs. Rakhi Sharma as Independent Director and Proposes Scheme of Arrangement
AI Summary
Pasupati Fincap Ltd has appointed Mrs. Rakhi Sharma as a Non-Executive and Independent Director, effective from 26th March 2026. The company also proposed a Scheme of Arrangement for Reduction of Share Capital due to accumulated business losses, subject to shareholder and regulatory approvals. The company has also changed its name to Harmanshi Appliances Co. Limited, subject to approval. The Extra-Ordinary General Meeting (EGM) is scheduled for 24th April 2026.
Key Highlights
- Appointment of Mrs. Rakhi Sharma as Non-Executive and Independent Director
- Proposal of Scheme of Arrangement for Reduction of Share Capital
- Change of company name to Harmanshi Appliances Co. Limited