RTCL Ltd reported the cessation of Sunil Singh as an Independent Director and Non-Executive Director, effective September 30, 2026. The departure occurred upon the completion of his second term of five consecutive years, in accordance with Section 149(10)/(11) of the Companies Act, 2013.

The company clarified that this change is purely due to the expiry of his tenure. It is not attributable to resignation, removal, or disqualification. Singh held DIN 07558446.

Committee roles vacated

Singh’s exit resulted in him vacating chairperson positions across four critical board committees. The Board acknowledged his contributions during his tenure but did not disclose any specific succession plans for these roles in the immediate filing.

Regulatory disclosure

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that no other material reasons exist for the cessation beyond the completion of tenure. The company’s registered office is in Kanpur, Uttar Pradesh, with a corporate office in Delhi.

RTCL Limited concluded its 32nd Annual General Meeting (AGM) on September 30, 2026, adopting the audited financial statements for FY26. The meeting, chaired by Whole Time Director Ajay Kumar Jain, also approved the appointment of Pooja Agrawal as a Non-Executive Independent Director.

The AGM was held at the company's registered office in Kanpur, Uttar Pradesh. All directors were present, and the quorum was declared before proceedings began. Sunil Singh, Director and Chairperson of the Audit Committee, presided over items where Jain was deemed interested.

Financial and Governance Resolutions

Shareholders approved several ordinary and special business items via electronic voting and physical presence. The scrutinizer for the voting process was Sushil Kumar Gupta of M/s Sushil Gupta & Associates.

Ordinary Business

1. Adoption of audited consolidated and standalone financial statements for FY26, along with the Board’s report and auditor’s report.
2. Re-appointment of Ajay Kumar Jain as a director retiring by rotation.

Special Business

1. Appointment of Pooja Agrawal as Additional Director (Non-Executive Independent) effective September 1, 2026, for a five-year term ending August 31, 2031.
2. Approval of powers to sell, lease, or mortgage company assets under Section 180(1)(a) of the Companies Act, 2013.
3. Authorization for borrowing under Section 180(1)(c).
4. Approval to give loans, guarantees, or securities under Section 186.
5. Ratification of related party transactions under Section 188.

Voting and Compliance

The company provided e-voting facilities compliant with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Physical voting was also available at the venue. The scrutinizer’s report and final voting results are scheduled to be published on the company website and NSDL within 48 hours of the meeting's conclusion.