The board appointed Shri Vijayakrishna Katie as Secretarial Auditor for a period of five consecutive years from FY 2025-26 to FY 2029-30, under the approval of the shareholder.
The company allocated 77,561 equity shares of face value of ₹ 10 to qualified employees under Kaynes Esop Scheme 2022. After this allocation, Chuta Equity Share Capital increased from ₹ 669.57 million (66,957,093 equity share) to ₹ 670.35 million (67,034,654 equity shares).
The board approved the amendment of the Westing period of Kaynes Esop Scheme 2022 and Kaynes ESOP Scheme 2023 under the shareholder’s approval, leading to an increase from 1-5 years to 1-8 years from the date of the grant.