StockWatch
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Non Banking Financial Company (NBFC)
Corporate Governance28 Jul 2026, 06:00 pm

SMC Credits Reappoints Independent Director, Appoints Internal Auditor

AI Summary

SMC Credits Ltd announced board approvals for the re-appointment of Ms. Jyoti Rajshree as an Independent Director for a second term of five years, commencing September 9, 2026, subject to shareholder approval. The company also appointed Mr. Rajesh Goenka as the Internal Auditor for the Financial Year 2026-27. The board meeting took place on July 28, 2026.

Key Highlights

  • Ms. Jyoti Rajshree re-appointed as Independent Director for a second term.
  • Re-appointment is for five years, commencing September 9, 2026.
  • Shareholder approval is required for the re-appointment.
  • Mr. Rajesh Goenka appointed as Internal Auditor for FY 2026-27.
  • Board meeting held on July 28, 2026, approved these appointments.