Decorous Investment & Trading Co. Ltd. appointed Mrs. Varsha Jain as Whole-Time Director and Chief Financial Officer (CFO) effective May 29, 2026, succeeding Mr. Ashok Kumar who resigned from executive roles due to health concerns. The Board approved the audited annual accounts for the financial year ended March 31, 2026, alongside the re-appointment of statutory auditors for a five-year term. These decisions were taken during the Board meeting convened at the company's registered office in New Delhi.

Mr. Ashok Kumar resigned from the positions of Whole-Time Director and CFO, a role he held since May 19, 2026, but will continue to serve on the Board as a Non-Executive Non-Independent Director. The Board accepted his resignation with immediate effect and passed a vote of appreciation for his tenure. To ensure continuity in financial stewardship, the Board designated Mrs. Varsha Jain as the new Whole-Time Director and CFO, subject to shareholder approval at the ensuing Annual General Meeting (AGM).

Mrs. Jain's appointment is for a tenure of five years commencing May 29, 2026. Her remuneration is fixed at ₹25,000 per month, subject to actual days attended. As the CFO and Key Managerial Personnel, she is responsible for financial management, fiscal planning, and regulatory compliances. The Board authorized Mr. Amit Gupta, Mrs. Varsha Jain, and CS Preetika Mishra to sign and stamp the necessary accounts and regulatory filings.

The Board approved the audited financial results for the quarter and year ended March 31, 2026, along with the limited review audit reports. The results have been released for publication in newspapers and displayed on the company's website. Additionally, the trading window for insiders will remain closed from April 1, 2026, to June 3, 2026.

In other statutory approvals, the Board re-appointed M/s S M G A & Co. as Statutory Auditors for the period FY 2026-27 to FY 2030-31, subject to AGM approval. M/s Mittal Jindal & Associates were re-appointed as Internal Auditors for FY 2026-27. The Board also adopted the Secretarial Audit Report and Secretarial Compliance Report for the year ended March 31, 2026.

Key Appointments and Approvals

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Decorous Investment & Trading Co. Ltd. has announced that its Board of Directors will meet on May 29, 2026, to discuss several key agenda items. The meetings of the Audit Committee and Remuneration & Nomination Committee are scheduled prior to the Board meeting at the company's Registered Office in New Delhi.

Agenda Highlights

The primary focus of the meeting is to consider, approve, and adopt the audited financial results for the quarter and year ended March 31, 2026. Alongside the financial results, the Board will review the half-yearly statement of assets and liabilities as of March 31, 2026, as well as the Statutory Audit Report and Limited Review Report from the auditors.

Leadership Changes

A significant item on the agenda is the consideration of Director Mr. Ashok Kumar's unwillingness to continue as Whole-time Director (WTD) and Chief Financial Officer (CFO). Consequently, the Board will deliberate on the appointment of a new director to be designated as WTD & CFO to fill the vacancy.

Compliance and Governance

The Board will also consider and adopt the Secretarial Audit Report and Secretarial Compliance Report from the Practicing Company Secretary (PCS). Additionally, the meeting will cover the adoption of the Internal Audit Report and the re-constitution of various statutory committees and policies. The appointment of Statutory and Internal Auditors is also on the agenda.

Trading Window Closure

In compliance with regulatory norms, the trading window for equity shares will remain closed for all insiders from April 1, 2026, to June 3, 2026. This measure is intended to prevent insider trading during the period leading up to the financial results announcement.