Tara Chand InfraLogistic Solutions Approves Key Director Reappointments, Names New Statutory Auditors
Tara Chand InfraLogistic Solutions Limited announced several key operational and governance approvals following its Board of Directors meeting held on June 11, 2026. The board considered and transacted decisions related to director re-appointments, the appointment of statutory auditors, and the planning for the company's upcoming Annual General Meeting (AGM).During the meeting, the Board reviewed and approved the financial year ended on March 31, 2026. Key leadership positions were confirmed, including the re-appointment of directors for subsequent terms.
Director Appointments Confirmed
The Board approved the re-appointment of two senior personnel: Mr. Himanshu Aggarwal as a Whole Time Director and Ms. Anju Mohanty as an Independent Director. Both appointments are subject to shareholder approval.Details regarding these reappointments include:
| Name | Position | Term Length | Period of Appointment |
|---|---|---|---|
| Mr. Himanshu Aggarwal | Whole Time Director | Three years | August 10, 2026, to August 9, 2029 |
| Ms. Anju Mohanty | Independent Director | Two years | June 25, 2027, to June 24, 2029 |
Statutory Auditors and AGM Details
The Board meeting also saw the approval of M/s Jain Jagawat Kamdar & Co., Chartered Accountants (FRN: 122530W), as the company's Statutory Auditors. The firm will serve a term of five consecutive years, starting from the conclusion of the ensuing Annual General Meeting until the AGM for FY 2030-31, subject to shareholder approval.The details regarding the appointment of M/s Jain Jagawat Kamdar & Co. are as follows:
| Firm Name | Reason for Change | Term Details |
|---|---|---|
| M/s Jain Jagawat Kamdar & Co. Chartered Accountants | Appointment | Five consecutive years, commencing from the conclusion of the ensuing AGM till the Annual General Meeting to be held for FY 2030-31 (subject to shareholder approval) |
Annual General Meeting and Dividend Record Date
The Board approved the notice convening the 14th Annual General Meeting (AGM), scheduled for Thursday, July 16, 2026, at 11:30 A.M. IST. The meeting will be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM) and will be held at the Registered Office of the Company.In addition to approving the AGM notice, the Board established a Record Date for members concerning dividend payment. This date is set as Thursday, July 9, 2026. Dividend payments to shareholders are scheduled within 30 days from the date of the ensuing AGM.
Furthermore, Mr. Shashank Ghaisas, Partner of AVS & Associates, Practicing Company Secretaries, was approved as the Scrutinizer for conducting remote e-voting and e-voting during the AGM.
The Board Meeting commenced at 12:20 p.m. and concluded at 12:40 p.m.
TARACHAND Stock Price Movement
At 1:47 PM, the stock of Tara Chand InfraLogistic Solutions Limited is shedding value in live trading, with shares currently sitting at ₹54.13 after dropping 2.75%. The equity has seen significant movement throughout the day, as trading continues near its daily low of ₹54.00 and trades volume registers at 95,225 shares.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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