Palash Securities Limited (PALASHSECU) — Board Meeting | 30 March 2026 (2 announcements)

Palash Securities Limited's Board approved the cessation of Managing Director Chand Bihari Patodia effective 29th March 2026 and appointed Suraj Kumar Agrawal as the new Managing Director and Key Managerial Personnel from 30th March 2026 for a 3-year term (until 29th March 2029), subject to shareholder approval. Agrawal is a Chartered Accountant with over 21 years of finance and accounting experience. The Board also reconstituted the Audit Committee to include the new Managing Director and authorized Key Managerial Personnel for regulatory disclosures under Regulation 30.

Palash Securities Limited's Board approved the cessation of Managing Director Mr. Chand Bihari Patodia effective 29th March 2026 and appointed Mr. Suraj Kumar Agrawal as Managing Director for 3 years (30th March 2026 to 29th March 2029) without remuneration, subject to shareholder approval. The Audit Committee was reconstituted to include the new MD. Key Managerial Personnel authority for materiality determinations was delegated to the MD, CFO, and Company Secretary acting jointly.