Crizac Limited Modifies Appointment Terms for Whole-time Director Manish Agarwal
Crizac Limited, formerly operating as Crizac Private Limited and GA Solutions Private Limited, announced that its Board of Directors has approved a modification concerning the terms of appointment of Mr. Manish Agarwal, a Whole-time Director. The decision was formalized during a meeting held on August 3, 2026.The key amendment to the directorship concerns retirement by rotation. According to the approval, Mr. Manish Agarwal shall be liable to retire by rotation in line with the provisions of the Companies Act, 2013 and the Articles of Association of the company. This modification takes effect from August 3, 2026.
The Board confirmed that all other terms and conditions pertaining to the appointment of Mr. Manish Agarwal remain unchanged. These comprehensive terms include his tenure, remuneration, powers, duties, and responsibilities as a Whole-time Director of Crizac Limited.
Mr. Agarwal is currently noted as not being debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority.
Key details regarding the modification are summarized below:
| Aspect | Detail |
|---|---|
| Director | Mr. Manish Agarwal (DIN: 03043680) |
| Modification Reason | The Board approved the amendment to provide that he shall be liable to retire by rotation in accordance with Section 152 of the Companies Act, 2013. |
| Effective Date | August 3, 2026 |
| Remaining Terms | Tenure, remuneration, powers, duties, and responsibilities remain unchanged. |
CRIZAC Stock Price Movement
Shares of Crizac Limited closed lower today, shedding 0.22% to settle at ₹195.88 after post-market trading. The equity saw a total traded volume of 2.33 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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