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Achyut Healthcare Limited has announced a board meeting to approve the migration of its equity shares from the SME platform to the Mainboard of BSE, pending necessary approvals. The board also approved various related party transactions for FY 2025-26 and appointed M/s SJV & Associates as Scrutinizer for a postal ballot process. Additionally, Ms. Drashti Unadkat has resigned as Company Secretary and Compliance Officer effective immediately.
This shift to the Mainboard could enhance liquidity and visibility for the company, potentially attracting a broader investor base. However, the management transition due to the resignation might raise concerns regarding governance continuity, presenting both risks and opportunities for shareholders.