
Business Update12 Aug 2026, 10:10 pm
Svarnim Trade Udyog Ltd Changes Registered Office, Appoints Director
AI Summary
Svarnim Trade Udyog Ltd announced a significant change in its registered office from Kolkata, West Bengal to Jalandhar, Punjab. This move is subject to shareholder approval at the upcoming AGM. The company also appointed Ms. Nidhi Bansal as an Additional Non-Executive and Independent Director. Furthermore, the Board accepted the resignation of statutory auditors M/s. D G M S & Co. and recommended the appointment of M/s. B B Gusani & Associates as their replacement, both for a casual vacancy and for a five-year term. The Audit and Nomination & Remuneration Committees were reconstituted, and the 44th AGM is scheduled for September 7, 2026.
Key Highlights
- Registered office shifted from West Bengal to Punjab.
- Ms. Nidhi Bansal appointed as Additional Non-Executive Independent Director.
- Resignation of statutory auditors accepted; new auditors proposed.
- Audit and Nomination & Remuneration Committees reconstituted.
- 44th AGM scheduled for September 7, 2026, via VC/OAVM.
Price Impact
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