StockWatch
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Residential- Commercial Projects
AGM/EGM30 Jun 2026, 04:04 pm

Satchmo Holdings Re-appoints L S Vaidyanathan as Whole Time Director

AI Summary

Satchmo Holdings Ltd announced the re-appointment of Mr. L S Vaidyanathan (DIN:00304652) as Whole Time Director, designated as Executive Director - Business Development. This re-appointment is effective from June 1, 2026, for a term of 14 months, concluding on July 31, 2027. The decision was made by the company's members at the 22nd Annual General Meeting held on June 30, 2026. Mr. Vaidyanathan, a Chartered Accountant with over 35 years of experience, is not related to any other director on the board and is not debarred from holding such office. The company also approved investments, loans, guarantees, and related party transactions for the financial year 2026-27.

Key Highlights

  • L S Vaidyanathan re-appointed as Whole Time Director for 14 months.
  • Re-appointment effective June 1, 2026, to July 31, 2027.
  • Decision ratified at the 22nd Annual General Meeting.
  • Mr. Vaidyanathan has over 35 years of experience in finance and real estate.
  • Company approved investments and related party transactions.