Sattva Engineering Construction Approves Auditor Appointment, Announces 21st AGM Details
Sattva Engineering Construction Limited has finalized several key governance matters following its Board of Directors meeting on August 04, 2026. The Board approved crucial appointments, including a new Company Secretary and Statutory Auditors, alongside setting the schedule for the company's upcoming Annual General Meeting (AGM).The directors reviewed and approved the Board's Report and Management Discussion and Analysis Report for the financial year ended March 31, 2026.
Key Personnel Changes at Sattva Engineering
During the meeting, the Board of Directors noted the resignation of Mr. Laxmikanth Tangudu from the post of Company Secretary and Compliance Officer. Mr. Tangudu's resignation was effective as of July 15, 2026. The Board extended deep appreciation for his dedication and service during his tenure with the company.Mr. Suraj Dubey was subsequently appointed as the new Company Secretary and Compliance Officer, effective from August 04, 2026. Mr. Dubey is an Associate Member of the Institute of Company Secretaries of India (ICSI) (Membership No. A73320). He holds qualifications including a B.Com, LL.B., and an MBA in Finance, bringing in-depth knowledge of legal and compliance matters to the role.
| Personnel Details | Mr. Suraj Dubey |
|---|---|
| Designation | Company Secretary and Compliance Officer |
| Date of Appointment | August 04, 2026 |
| Qualifications | Associate Member of ICSI (A73320), B.Com, LL.B., MBA in Finance |
Statutory Auditor Appointment Confirmed
Based on the recommendation of the Audit Committee, the Board approved the appointment of M/s Raghavan and Muralidharan, Chartered Accountants (ICAI Firm Registration No. 007110S), as the Statutory Auditors. The firm will serve for a period of five consecutive years.M/s Raghavan and Muralidharan is an ICAI Peer Review Certified Chartered Accountancy firm established in 1995, with experience serving clients across India. The firm specializes in statutory audit, taxation, corporate legal services, finance, and IT consulting.
Annual General Meeting Details Set
The Board approved the proposal to convene the company's 21st Annual General Meeting (AGM), which is scheduled for Thursday, September 10, 2026, at 3:00 P.M. IST. The meeting will be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).The Board also set the schedule and cut-off date for the AGM related activities:
| Event | Date/Period |
|---|---|
| Cut-off date for E-voting | Thursday, September 03, 2026 |
| E-voting period | Monday, September 07, 2026 (9:00 A.M.) to Wednesday, September 09, 2026 (5:00 P.M.) |
Furthermore, the Board appointed M/s BP and Associates, Practicing Company Secretaries, as the Scrutinizer for the e-voting process for the AGM.
SATTVAENGG Stock Price Movement
Shares of Sattva Engineering Construction Limited today slipped by 0.12% to settle at ₹84.10, concluding a slightly mixed session. The stock saw a trading volume of 8,000 shares during the market day.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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