Rex Pipes and Cables Board Meeting Decisions: Compliance Officer Appointed; Cost Auditor Designated
The Board of Directors of Rex Pipes and Cables Industries Limited approved several key operational and managerial decisions during its meeting held on July 21, 2026. These decisions included the appointment of an Interim Compliance Officer and the designation of a Cost Auditor for the upcoming financial year. The board also addressed personnel changes concerning the company secretary role and the regularization of a director.A significant decision was the appointment of Mr. Kanhiya Lal Sharma as the Interim Compliance Officer, effective July 21, 2026. Mr. Sharma has been serving as the Chief Financial Officer (CFO) of the Company since February 7, 2018. The Board deemed his extensive experience in finance, accounts, taxation, and regulatory compliance suitable for discharging the responsibilities of Interim Compliance Officer until a permanent appointment is made to fill the casual vacancy in the office of the Company Secretary and Compliance Officer.
In other personnel updates approved by the board were:
- Resignation: Mrs. Monika Bohara resigned from the post of Company Secretary and Compliance Officer, with effect from July 16, 2026. The reason cited for this change was to pursue career opportunities outside the organization for Personal Growth and Professional Development.
- Director Regularization: Mr. Varun Kacholia (DIN- 05190391), who is currently an Additional Director (Non-Executive Independent Director), will be regularized in the ensuing Annual General Meeting, subject to shareholder approval. Mr. Kacholia has over 17 years of post-qualification experience as an Investment Banker across various advisory roles.
Appointment of Cost Auditor
M/s S. Goyal & Co., Cost Accountants, was appointed as the Cost Auditor of Rex Pipes and Cables Industries Limited for the Financial year 2026-27, with effect from July 21, 2026. The remuneration set for this assignment is Rs. 25,000/- plus GST, subject to ratification by shareholders.Annual General Meeting and E-Voting Details
The board meeting also approved several matters related to the forthcoming Annual General Meeting (AGM), which is scheduled to be held on September 15, 2026. The board finalized various aspects of the AGM, including:| Activity | Date/Deadline |
|---|---|
| Cut-off Date for E-Voting | Friday, September 4, 2026 |
| E-Voting Start Date | Saturday, September 12, 2026 at 10:00 A.M. |
| E-Voting End Date | Monday, September 14, 2026 at 5:00 P.M. |
Additionally, M/s JPS & Associates, a practicing Company Secretaries Firm in Jaipur, was appointed as the Scrutinizer for scrutinizing e-voting at the upcoming AGM. The board also received the Secretarial Audit Report of the Company for the Financial Year 2025-26 from M/s JPS & Associates.
REXPIPES Stock Price Movement
Rex Pipes And Cables Industries Limited settled today, closing flat at ₹171 after trading in the market. The equity saw intra-day movement, bounded by a price range stretching from ₹162.45 to ₹179.55.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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