New Markets Avenue Limited shareholders approved key governance appointments at their Annual General Meeting held on September 29, 2026. The resolutions included the induction of Himanshu Khatri as a Non-Executive Independent Director and the appointment of a new Secretarial Auditor for a five-year term.

The company filed these outcomes with the Bombay Stock Exchange in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These changes aim to strengthen the board's composition and ensure continued regulatory compliance.

Director appointment details

The meeting approved the appointment of Himanshu Khatri as a Non-Executive Independent Director for a period of 5 years, effective September 29, 2026. Khatri holds a Bachelor of Commerce degree and is a Semi-Qualified Company Secretary. His profile highlights expertise in accounts, administration, and finance. The company disclosed that Khatri has no relationship with any existing directors and is not debarred from holding office by SEBI or other authorities.

Secretarial auditor engagement

Shareholders also approved the appointment of M/s. Ramesh Chandra Bagdi & Associates as the Secretarial Auditor. This appointment covers 5 consecutive years, commencing from FY27 through FY31. The firm is led by Ramesh Chandra Bagdi, a Practicing Company Secretary with membership number F8276. The firm is described as peer-reviewed, with specialization in corporate laws, secretarial audits, and SEBI compliances.

Governance structure update

These appointments reflect the company's adherence to statutory requirements under the Companies Act, 2013 and SEBI listing regulations. The disclosure confirms that the new auditor has no relationship with the company's directors.

New Markets Avenue has scheduled its 44th Annual General Meeting for September 29, 2026. The Board of Directors approved the dates during its meeting held on August 25, 2026.

The company will hold the meeting at its registered office in Mumbai. Shareholders holding equity shares on the record date will be eligible to vote. The Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026, both days inclusive.

Voting Schedule

E-voting will commence on September 26, 2026, at 9:00 am and conclude on September 28, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is September 22, 2026. National Securities Depository Limited serves as the authorized agency for the e-voting platform.

The Annual Report for the financial year 2025-2026, along with the notice convening the AGM, has been sent via email to members with registered email addresses. Physical shareholders are requested to update their details with Purva Sharegriety (India) Private Limited.

Kishore Kaniyalal Jain, Whole Time Director, signed the notice issued to the Bombay Stock Exchange on September 1, 2026.