Power Finance Corporation Board Meeting Outcome
Power Finance Corporation approved the merger of REC Limited into itself, subject to presidential and regulatory approvals. All assets and liabilities will transfer to PFC.
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Power Finance Corporation approved the merger of REC Limited into itself, subject to presidential and regulatory approvals. All assets and liabilities will transfer to PFC.
REC Limited's board approved a proposal to merge into Power Finance Corporation Limited. The board also appointed Mohammed Azaz Ali as Chief Compliance Officer.
Valiant Organics reappointed Manish Modi and Associates as Internal Auditors and Ms. Ketki D. Visariya as Cost Auditors. Both appointments span 12-month terms starting April 2026.
Sejal Glass Limited re-appointed its auditors and three directors during a board meeting on May 16, 2026. These extensions ensure leadership continuity and regulatory compliance.
Genus Power Infrastructures appointed Vinod Raheja as CFO following Nathu Lal Nama's transition. K. G. Goyal & Associates was appointed as Cost Auditor.
Jinkushal Industries approved redesignating Abhinav Jain as Managing Director and Anil Kumar Jain as Executive Director. These leadership changes are effective immediately following board approval.
Mobilise App Lab appointed Sakshi Chandna as Company Secretary alongside new Internal and Secretarial Auditors. These leadership and compliance appointments strengthen the company's governance framework.
Vivid Electromech appointed Nuren Lodaya as Secretarial Auditor and TBZ & Associates as Internal Auditor. Both appointments are for 12-month terms starting May 2026.
Oswal Pumps re-appointed Mr. Amulya Gupta as Executive Director for five years. This leadership continuity supports the company's long-term strategic execution and board stability.
Maithan Alloys re-appointed Akhileshwar Prasad & Co. and S.K. Sahu & Associates as auditors for FY 2026-27. The board meeting concluded today following standard regulatory compliance.
Uno Minda's board approved the re-appointment of its Statutory, Internal, and Cost auditors. These appointments ensure continued regulatory compliance and robust internal governance.
Centum Electronics re-appointed KPMG and K.S. Kamalakara & Co as auditors for twelve months. The board meeting outcomes ensure continued regulatory compliance and internal oversight.
Parth Electricals & Engineering appointed internal, secretarial, cost, and tax auditors for 12-month terms. These board-approved appointments ensure regulatory compliance and internal governance.
Allcargo Logistics approved continuing Mr. Dinesh Kumar Lal's directorship after he reaches age 75. This governance move maintains board continuity subject to upcoming shareholder approval.
Sarveshwar Foods approved a ₹950 Crore fund raise and increased authorized capital to ₹310 Crore. These strategic moves support long-term growth and capital structure expansion.
Welspun Enterprises approved re-appointments of its Chairperson, MD, and auditors during its May 2026 board meeting. These leadership continuities aim to maintain strategic operational stability.
Endurance Technologies appointed Mr. Indrajit Banerjee as Board Chairman effective June 10, 2026. He succeeds Mr. Soumendra Basu upon his tenure's conclusion.
J.G. Chemicals re-appointed its internal, cost, and tax auditors for 12-month terms. The board meeting outcomes ensure continuity in the company's financial oversight and compliance.
W.S. Industries (India) Limited re-appointed R. Subramanian and Company LLP as Internal Auditors. Sudarshan & Ranganathan were also appointed as Tax Auditors for twelve-month terms.
Deep Industries Limited re-appointed Manubhai & Shah LLP as Internal Auditor for 12 months. The board approved this decision during its May 2026 meeting.
TD Power Systems approved a 1:2 stock split to enhance retail liquidity. The face value will reduce from ₹2 to ₹1 per share.
Crown Lifters Limited re-appointed M/s. Mehul N Mehta & Associates as internal auditors for 12 months. The board approved the appointment during its May meeting.
Valiant Laboratories appointed Rajesh Chheda & Co. and Ketki D Visariya & Co. as auditors for FY 2026-27. The board meeting concluded on May 14, 2026.
Pricol Limited approved a ₹150 Crore corporate guarantee and announced a leadership transition. Vikram Mohan becomes Chairman, while Vanitha Mohan resigns from the Board.
Noble Polymers approved raising ₹12.87 Crore through preferential issues of equity and warrants. The board also authorized a major capital increase to ₹18 Crore.
Sheela Foam's board approved appointing three new Independent Directors and re-appointing four Executive Directors. These leadership changes aim to strengthen governance and maintain strategic continuity.
CL Educate Limited appointed new internal and cost auditors during its May 13 board meeting. These appointments ensure continued regulatory compliance and internal audit oversight.
Par Drugs approved its FY2026 audited results and renewed a ₹1.61 Crore banking facility. The board also noted a ₹25.14 Lakh employee bonus payment.
Hindustan Construction Company approved raising up to ₹800 Crore through equity-linked securities. The board also increased the authorized share capital to ₹400 Crore.
Akums Drugs and Pharmaceuticals re-appointed M/s. Balwinder & Associates as Cost Auditors for 12 months. The decision strengthens the company's regulatory compliance and cost oversight.