Country Condo's Board Approves AGM, Re-appoints Raju, Appoints Baheti as Director
Country Condo's Limited will hold its 39th AGM on September 28, 2026. The Board approved the re-appointment of Mr. Datla Krishna Kumar Raju as Vice-Chairman & CEO for three years from Feb 13, 2027. Smt. Poojitha Baheti was appointed as Additional Director (Non-Executive & Independent) effective Sep 4, 2026.
The appointment of a new director and the re-appointment of a key executive are material events for corporate governance. The AGM scheduling is a procedural requirement.
The announcement details routine corporate governance events such as the scheduling of an AGM and director appointments/re-appointments, which do not inherently suggest a positive or negative shift in the company's performance or outlook.
Country Condo's Limited announced the outcome of its Board of Directors meeting held on September 4, 2026. The Board resolved to convene the 39th Annual General Meeting (AGM) on Monday, September 28, 2026, at 2:00 PM, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM).
Additionally, the Board approved and took note of the Directors' Report for the Financial Year ended March 31, 2026, which forms part of the Annual Report. A significant decision was the proposed re-appointment of Mr. Datla Krishna Kumar Raju as Vice-Chairman & CEO for a period of three years, commencing from February 13, 2027, up to February 12, 2030.
Furthermore, based on the recommendation of the Nomination and Remuneration Committee, the Board approved the appointment of Smt. Poojitha Baheti as an Additional Director (Non-Executive & Independent). Her appointment is effective from September 4, 2026, and she will hold office until the conclusion of the 39th AGM. Subject to member approval via a Special Resolution at the AGM, she is proposed for appointment as an Independent Director for a term of up to five consecutive years from September 4, 2026. Smt. Baheti holds a Bachelor of Commerce from Osmania University and has approximately 20 years of experience in Finance & Marketing. She is not related to any existing directors.
A plain-language summary of a public exchange filing by Country Condo's Limited. Read the original for the full detail.
