Axentra Corp Limited has appointed Senthil Kumar Bellan as Managing Director for a five-year term effective July 14, 2026, subject to shareholder approval. The decision was taken during a board meeting held on July 14, 2026. Bellan, who currently serves as the Chief Financial Officer and Key Managerial Personnel, will now lead the company until July 13, 2031. The appointment aims to strengthen the company's leadership structure with his extensive experience in finance and operations.

The board also appointed Bellan as an Additional Director (Executive) effective July 14, 2026. This role is also contingent upon approval from shareholders at the upcoming general meeting. The appointments were disclosed in a regulatory filing submitted to BSE Limited, referencing Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Senthil Kumar Bellan brings over 27 years of international experience across India, Malaysia, Oman, Jordan, Australia, and Sri Lanka. His expertise spans accounting, taxation, and business operations management, with a focus on Australian superannuation fund administration and cross-border financial services. He holds an MBA in Finance and an M.Com, along with professional training with chartered accountants.

The following table summarizes the key details of the appointments:

The board meeting commenced at 5:00 p.m. and concluded at 5:30 p.m. on July 14, 2026. The filing was signed by Manisha Roopchand Sharma, Company Secretary & Compliance Officer of Axentra Corp Limited.

Dugar Housing Developments Limited , a company listed on the Indian stock market, has announced significant changes in its key personnel. The company is experiencing a series of resignations, indicating a potential restructuring of its leadership team.

Company Secretary Resignation

Mogansundaram Chandrasekaran has resigned from his position as Company Secretary and Compliance Officer of Dugar Housing Developments Limited. The resignation is set to take effect from the closing hours of November 17, 2025. Chandrasekaran cited personal reasons for his departure, a common explanation in corporate resignations.

Board Acceptance and Regulatory Compliance

The resignation is subject to formal acceptance by the Board of Directors in their upcoming meeting. As per SEBI listing regulations, the company is required to make necessary regulatory disclosures regarding this change.

Additional Board Resignations

In addition to the Company Secretary's resignation, several other key figures have also stepped down from their positions:

Implications and Next Steps

The simultaneous resignation of multiple board members, including independent directors, may signal a significant shift in the company's governance structure. Shareholders and market watchers will likely be keen to see how Dugar Housing Developments plans to fill these crucial positions and maintain regulatory compliance.

The company is expected to announce replacements for these positions in due course, subject to necessary approvals and regulatory requirements. These changes could potentially impact the company's strategic direction and governance practices in the coming months.

As the situation develops, stakeholders will be watching closely for any further announcements from Dugar Housing Developments Limited regarding its leadership transition and future plans.