Tara Chand InfraLogistic Solutions Approves Key Director Re-appointments, New Auditor, and Sets Record Dates for AGM
The Board of Directors of Tara Chand InfraLogistic Solutions Limited held a meeting on June 11, 2026, during which it considered and approved several significant corporate matters, including the re-appointment of key directors and the appointment of new statutory auditors.During the Board meeting, the company approved its Board's Report for the financial year ended March 31, 2026. A central outcome was the approval of director re-appointments and the selection of a new audit firm.
Mr. Himanshu Aggarwal was re-appointed as a Whole Time Director of the Company for a period of three consecutive years, commencing from August 10, 2026, until August 9, 2029, subject to shareholder approval. Furthermore, Ms. Anju Mohanty was approved for a second term as an Independent Director, covering two consecutive years from June 25, 2027, through June 24, 2029, pending shareholder sanction.
The Board also sanctioned the appointment of M/s Jain Jagawat Kamdar & Co., Chartered Accountants, to serve as the Statutory Auditors for five consecutive years. This tenure is set to begin from the conclusion of the ensuing Annual General Meeting (AGM) and extend until the AGM held for the financial year 2030-31, subject to shareholder approval.
Key appointments and terms were ratified by the Board:
| Director/Auditor | Status | Term Details |
|---|---|---|
| Mr. Himanshu Aggarwal | Re-appointment (Whole Time Director) | 3 years (August 10, 2026, to August 9, 2029) |
| Ms. Anju Mohanty | Re-appointment (Independent Director) | 2 years (June 25, 2027, to June 24, 2029) |
| M/s Jain Jagawat Kamdar & Co. | Appointment (Statutory Auditors) | 5 years (From subsequent AGM till AGM FY 2030-31) |
In matters relating to corporate governance and future meetings, the Board approved the notice for convening the company's 14th Annual General Meeting (AGM). This meeting is scheduled to be held on Thursday, July 16, 2026, at 11:30 A.M. IST through Video Conferencing or other Audio Visual Means, and will be conducted at the Registered Office of the Company.
The company also set several critical dates regarding dividend payments and compliance processes. The Record Date for Members to facilitate dividend payment was fixed as Thursday, July 9, 2026. Shareholders are informed that the dividend will be paid within 30 days following the ensuing AGM.
Additionally, the Board approved the appointment of Mr. Shashank Ghaisas (FCS 11782), a partner at AVS & Associates, to serve as the Scrutinizer responsible for conducting the remote e-voting process and overseeing the e-voting during the AGM in a fair and transparent manner.
TARACHAND Stock Price Movement
Live trading shows that shares of Tara Chand InfraLogistic Solutions Limited are shedding value as the stock slips by 2.62%, trading at ₹54.20 as of 1:11 PM. This decline occurs amid a volume of 92,125 shares as the security maintains a floor near the day's low of ₹54.00.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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