
Board Meeting14 Aug 2026, 06:53 pm
POCL Enterprises Approves Director Re-appointments and Auditor Appointments
AI Summary
POCL Enterprises Ltd's Board of Directors, in a meeting held on August 14, 2026, approved the re-appointment of key management personnel and directors, subject to shareholder approval at the upcoming 38th Annual General Meeting. This includes Managing Directors Mr. Sunil Kumar Bansal and Mr. Devakar Bansal, Whole-time Directors Mr. Harsh Bansal and Mr. Amber Bansal, and Independent Director Mr. Shyam Sunder Tikmani. The board also approved the appointment of Mr. K. R. Vivekanandan as Cost Auditor and M/s. A.K. Lunawath & Associates as Internal Auditor for FY 2026-27. The resignation of statutory auditors M/s. CNGSN & Associates LLP was noted, citing non-viable remuneration.
Key Highlights
- Re-appointment of two Managing Directors and two Whole-time Directors approved.
- Independent Director re-appointment for a second term approved.
- New Cost Auditor and Internal Auditor appointed for FY 2026-27.
- Statutory Auditor resigned due to remuneration issues.
- All re-appointments are subject to shareholder approval at the AGM.
Price Impact
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