AGM/EGM1 Oct 2026, 04:50 pm
Shree Pacetronix Ltd: AGM Approves Director Re-appointments
AI Summary
Shree Pacetronix Ltd announced that its 38th Annual General Meeting (AGM), held on September 29, 2026, saw shareholders approve the re-appointment of key management personnel. Mr. Akash Sethi was re-appointed as Joint Managing Director for a term of three years, from August 14, 2027, to August 13, 2030. Additionally, Ms. Manali Tongia and Ms. Somya Chhabra were re-appointed as Non-Executive Independent Directors for five-year terms each, commencing March 24, 2027, and May 6, 2027, respectively. The AGM also included the approval of remuneration for the re-appointed directors. Detailed disclosures as per SEBI Listing Regulations were provided.
Key Highlights
- Shareholders approved re-appointment of Mr. Akash Sethi as Joint MD.
- Ms. Manali Tongia and Ms. Somya Chhabra re-appointed as Independent Directors.
- Appointments are for terms of 3 and 5 years respectively.
- Remuneration for re-appointed directors was also approved.
- AGM held on September 29, 2026, with resolutions passed.
Price Impact
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