NDA Securities Board Approves CEO Appointment and Director Changes in April Meeting

NDA Securities Limited has announced significant board changes following its meeting held on April 04, 2026. The company approved key appointments including a new Chief Executive Officer and Independent Director, while also reconstituting its board committees in compliance with regulatory requirements.

CEO Appointment and Leadership Changes

The board approved the appointment of Mr. Ankit Gupta as Chief Executive Officer and Key Managerial Personnel, effective April 04, 2026. Mr. Gupta brings significant experience in financial management and corporate strategy, having previously served as Chief Financial Officer in his earlier organization.

Position:	Details
Name:	Mr. Ankit Gupta
Designation:	Chief Executive Officer & KMP
Effective Date:	April 04, 2026
Background:	Finance professional with CFO experience
Expertise:	Financial operations, planning, and compliance

Independent Director Resignation and New Appointment

The board formally acknowledged the resignation of Mr. Akshay Saxena from his position as Independent Director, effective March 23, 2026. In his resignation letter dated March 23, 2026, Mr. Saxena cited severe ongoing health issues alongside urgent family matters that prevented him from fulfilling his directorial responsibilities effectively.

To fill this vacancy, the board approved the appointment of Ms. Isha Rastogi as Non-Executive Independent Director for a term of five consecutive years, subject to shareholder approval. Ms. Rastogi is a finance professional with experience in accounting, auditing, taxation, and financial consultancy, having cleared the C.A. Professional Competence Examination and holding an MBA in Finance from Amity University.

Director Changes:	Outgoing	Incoming
Name:	Mr. Akshay Saxena	Ms. Isha Rastogi
DIN:	10558168	To be assigned
Effective Date:	March 23, 2026 (resignation)	April 04, 2026 (appointment)
Term:	Completed	5 years (subject to approval)
Reason:	Health issues and family matters	Professional appointment

Board Committee Reconstitution

Following the directorial changes, the board reconstituted three key committees effective April 04, 2026:

Audit Committee: Mr. Arun Kumar Mistry, Ms. Naina Singh, and Ms. Kajal Goel serve as members.

Nomination and Remuneration Committee: Comprises Mr. Ram Gopal Jindal, Ms. Isha Rastogi, and Ms. Naina Singh.

Stakeholders Relationship Committee: Includes Ms. Naina Singh, Ms. Isha Rastogi, and Mr. Arun Kumar Mistry.

Regulatory Compliance and Meeting Details

The board meeting commenced at 2:30 P.M. and concluded at 3:04 P.M. on April 04, 2026. Company Secretary Shalini Chauhan (ACS-71998) signed the regulatory filings in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015. The company confirmed that Ms. Isha Rastogi is not debarred from holding directorial positions by any regulatory authority.

NDA Securities Limited operates from its registered office in Pitampura, New Delhi, with an additional office in Mumbai, maintaining memberships with National Stock Exchange of India Limited, Bombay Stock Exchange Limited, and National Securities Depository Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.99%	+5.26%	+10.14%	+9.84%	-5.65%	+620.14%

NDA Securities Limited successfully conducted its 2nd Extraordinary General Meeting on March 16, 2026, through video conferencing, and has now submitted the complete voting results to BSE on March 18, 2026, confirming the approval of both special resolutions with overwhelming shareholder support.

Meeting Structure and Voting Process

The EGM was conducted through Video Conferencing and Other Audio Visual Means in full compliance with the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs and SEBI. The meeting was held at 04:00 P.M. (IST) and chaired by Mr. Gaurav Jindal, with directors and statutory auditor representatives in attendance.

The company provided comprehensive voting facilities to shareholders through a structured e-voting process:

Voting Method:	Timeline
Remote E-voting Period:	March 13, 2026 at 9:00 A.M. to March 15, 2026 at 5:00 P.M.
E-voting Platform:	National Securities Depository Limited
Meeting Duration:	4:00 P.M. to 4:35 P.M. on March 16, 2026
Additional Voting Time:	15 minutes post-meeting for non-remote voters

Voting Results and Shareholder Participation

Both special resolutions were overwhelmingly approved by shareholders, demonstrating strong confidence in the company's strategic initiatives. The detailed voting results show exceptional participation rates:

Resolution Details:	Total Votes	Votes in Favour	Votes Against	Approval Rate
Equity Shares Issuance on Preferential Basis:	4,449,898	4,449,730	168	99.996%
Increase in Borrowing Limits:	4,449,898	4,449,730	168	99.996%
Total Shares Outstanding:	5,948,364	-	-	-
Voting Participation Rate:	74.81%	-	-	-

Category-wise Voting Breakdown

The voting pattern across different shareholder categories revealed strong support from both promoter and public shareholders:

Shareholder Category:	Shares Held	Votes Polled	Participation Rate	Approval Rate
Promoter and Promoter Group:	3,499,014	3,499,004	99.9997%	100.00%
Public Non-Institutions:	2,449,350	950,894	38.82%	99.98%
Public Institutions:	0	0	0.00%	0.00%

Scrutinizer Report and Compliance

CS Chetan Prasad of M/s. C. Prasad & Co., Practicing Company Secretaries, served as the appointed scrutinizer and submitted his report on March 17, 2026. The scrutinizer confirmed that both special resolutions were passed with the requisite majority, as the votes in favour exceeded three times the votes cast against for each resolution.

Company Secretary and Compliance Officer Shalini Chauhan (ACS-71998) submitted the complete voting results and scrutinizer report to BSE Limited on March 18, 2026, ensuring full regulatory compliance under Regulation 44 of the SEBI Listing Regulations. The submission included detailed annexures with comprehensive voting data and the official scrutinizer's report, maintaining transparency in corporate governance practices.