Konndor Industries Ltd — Board Meeting, 14-06-2025: Board Meeting

Konndor Industries Limited has announced a board meeting approving key leadership changes: appointment of Ms. Sarita Ahire and Mr. Vigil Rodrigues as Executive Directors, and Mr. Mayank Tiwari as an Independent Director, all subject to shareholder approval. Resignations of Independent Directors Mr. Jignesh Shah and Ms. Ananya Acharya due to pre-occupation were accepted. The board appointed M/s. Maitra J & Co. as new Statutory Auditors for a five-year term and M/s. Utkarsh Shah & Co. as Secretarial Auditor for 2025-26. It also approved issuing 65 lakh equity warrants through preferential allotment to raise up to Rs. 6.5 Cr from 10 non-promoter investors, with warrant conversion rights exercisable within 18 months. These moves aim to strengthen governance and support growth funding.