Challani Capital Ltd — Others, 05-05-2025: AGM/EGM

Challani Capital Limited has announced a board meeting to approve the re-appointment of Shri Padam J Challani as Managing Director for a further three-year term, starting April 1, 2025. The re-appointment was approved through postal ballot with 100% votes in favor. Mr. Challani, who is over 70 years old, will continue without remuneration and will not be liable to retire by rotation. He retains authority to manage day-to-day operations under the Board’s guidance. The Board is authorized to modify terms during his tenure, and related formalities are being completed.