Palash Securities Ltd

Palash Securities Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in accordance with the company's code of conduct for trading in securities. The window will be shut from July 1st, 2026, and will reopen 48 hours after the declaration of the financial results for the quarter ending June 30th, 2026. This measure is standard practice to prevent insider trading ahead of financial result announcements.

Palash Securities Ltd. announced the appointment of Mr. Suraj Kumar Agrawal as the Managing Director of the company for a term of three years, effective from March 30, 2026, to March 29, 2029. The appointment was approved by shareholders via postal ballot with remote e-voting on May 24, 2026. Mr. Agrawal is not debarred from holding the position by any regulatory authority.

Palash Securities Ltd's board, on May 15, 2026, approved the appointment of M/s. Singhi & Co. as the Statutory Auditors for five years, starting from the conclusion of the 12th AGM (2026) until the 17th AGM (2031), subject to member approval. They also appointed M/s. M Parasrampuria & Co. as Internal Auditors for FY 2026-27. The board reviewed and approved the audited financial results for the quarter and financial year ended March 31, 2026, and did not recommend any dividend on Equity Shares.

Palash Securities Ltd has appointed M/s. M Parasrampuria & Co., Chartered Accountants, as the Internal Auditors of the Company for the Financial Year 2026-27, based on the recommendation of the Audit Committee. This decision was made during the Board Meeting held on May 15, 2026. The company also approved the appointment of M/s. Singhi & Co. as the Statutory Auditors for a term of five years, subject to member approval.

Palash Securities Ltd's Board of Directors, in a meeting on May 15, 2026, approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026. The Board also approved the appointment of M/s. Singhi & Co. as Statutory Auditors for a five-year term, replacing M/s. Agrawal Subodh & Co., subject to shareholder approval. Additionally, M/s. M Parasrampuria & Co. were appointed as Internal Auditors for FY 2026-27. The Board did not recommend any dividend on Equity Shares for the financial year ended March 31, 2026.

Palash Securities Ltd's Board of Directors, in its meeting held on May 15, 2026, considered and approved the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026. The board also approved the appointment of M/s. Singhi & Co. as the Statutory Auditors for five years, commencing from the conclusion of the 12th AGM until the 17th AGM, subject to member approval. Additionally, M/s. M Parasrampuria & Co. was appointed as Internal Auditors for the financial year 2026-27. No dividend was recommended for the financial year ended March 31, 2026.

Palash Securities Ltd has scheduled a Board of Directors meeting on May 15, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a dividend, if any, for the financial year, subject to shareholder approval at the Annual General Meeting.

Palash Securities Ltd has informed that Mr. Suraj Kumar Agrawal (DIN: 03260442) has been appointed as the Managing Director and Key Managerial Personnel of the company, effective from 30th March, 2026. The appointment is for a period of 3 years, subject to the approval of the shareholders of the company. Mr. Agrawal is a seasoned Chartered Accountant with over 21 years of experience in diverse domains of finance and accounting. The board has also re-constituted the Audit Committee and authorized certain Key Managerial Personnel for determining materiality of an event or information and for making disclosures to stock exchanges.

Palash Securities Ltd announced the appointment of Mr. Suraj Kumar Agrawal as the new Managing Director and Key Managerial Personnel, effective from 30th March, 2026. Mr. Agrawal will serve a term of 3 years, subject to shareholder approval. Following the cessation of Mr. Chand Bihari Patodia as Managing Director, the Audit Committee has been reconstituted with Mr. Agrawal as a Member. The company has also authorized key managerial personnel to determine materiality of events and make disclosures to stock exchanges.

Palash Securities Ltd has announced the closure of the trading window for dealing in shares of the company. The closure is in accordance with the Code of Conduct to Regulate, Monitor and Report Trading in Securities of the Company. The trading window for all Designated Persons of the company, including their Immediate Relatives, will be closed from 1st April, 2026 till 48 hours after the declaration of financial results for the quarter ending on 31st March, 2026. This move is aimed at ensuring transparency and fairness in the trading of the company's shares.