Airan Limited Board Approves Auditor Appointment and New Directors, Schedules AGM
Airan Limited's Board appointed M/S. Supal Shah & Associates as statutory auditors for five years. Mrs. Indu Shaktibhusan Shukla and Mr. Mrugesh Arvindbhai Suthar were appointed as directors, effective September 1, 2026. The company also accepted resignations from two directors. The 31st AGM is scheduled for September 26, 2026.
The appointment of statutory auditors and new directors, along with the resignation of existing directors, are significant corporate actions that can impact governance and strategic direction. The scheduling of the AGM is a procedural event.
The announcement details routine corporate governance matters, including auditor appointment, director appointments, and resignations, along with the scheduling of the AGM. These are standard operational updates with no immediate positive or negative financial implications.
Airan Limited's Board of Directors convened on August 31, 2026, making several key decisions. The Board approved the recommendation of the Audit Committee to appoint M/S. Supal Shah & Associates as the statutory auditors for a term of five consecutive years, commencing from the conclusion of the 31st AGM in 2026 until the conclusion of the 36th AGM in 2031, subject to shareholder approval.
Furthermore, based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Mrs. Indu Shaktibhusan Shukla as a Non-Executive Non-Independent Director and Mr. Mrugesh Arvindbhai Suthar as a Non-Executive Independent Director, both effective from September 1, 2026, pending shareholder approval at the upcoming Annual General Meeting.
The Board also took note of the resignations of Mr. Siddharth Sampatji Dugar and Mrs. Bhoomika Aditya Gupta as Independent Directors, both effective from September 1, 2026. The company approved the Draft Directors' Report for the financial year 2025-26 and decided to convene the 31st Annual General Meeting on Saturday, September 26, 2026, at 04:00 P.M. IST through Video Conferencing. The Board also approved the schedule for remote e-voting and appointed NSDL as the Remote E-Voting Agency and M/s. SCSand CO. LLP as Scrutinizer for the AGM.
A plain-language summary of a public exchange filing by Airan Limited. Read the original for the full detail.