Board proposed leadership changes effective 23 September 2026, subject to shareholder approval: Lakshmikanth Inani to become Whole-Time Director, while Vishnukant Inani will become Managing Director and Chairman. Ms. M. Hepsibah Thomas was appointed CFO effective 29 August 2026. The board also proposed selling company properties and increasing borrowing powers up to Rs 100 Cr, alongside adoption of new constitutional documents at the ensuing AGM. The filing does not disclose which properties may be sold, expected proceeds, borrowing purpose or terms, or the commercial rationale for the senior-management reshuffle. Property sale, borrowing-power increase and key appointments remain subject to applicable approvals.
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