Charms Industries Limited Announces Key Board Decisions: New CFO, Secretarial Auditor, and AGM Date Set

Charms Industries Limited has made several significant announcements following its Board of Directors meeting held on September 6, 2025. The company, headquartered in Ahmedabad, Gujarat, has revealed important changes in its leadership and compliance structure, along with setting the date for its upcoming Annual General Meeting (AGM).

New Chief Financial Officer Appointed

In a notable leadership transition, Charms Industries has announced the appointment of Mr. Paresh Popatlal Joshi as its new Chief Financial Officer (CFO) and Key Managerial Personnel. This change comes into effect immediately from September 6, 2025. Mr. Joshi succeeds Mr. Biren Jagdishkumar Thaker, who has resigned from his position as CFO on the same date.

Secretarial Auditor Appointment

The Board has approved the appointment of M/s SJV & Associates, Practicing Company Secretaries, as the Secretarial Auditor for the company. This appointment, subject to shareholders' approval at the upcoming AGM, is for a term of two consecutive financial years, covering 2025-26 and 2026-27.

M/s SJV & Associates brings experience in corporate law matters, including expertise in company law, securities laws, due diligence, and listing of securities on both SME and main boards of stock exchanges. The firm is also well-versed in advising on board functions, disclosures, and various capital market instruments.

33rd Annual General Meeting Scheduled

Charms Industries has set the date for its 33rd Annual General Meeting, which will be held on Tuesday, September 30, 2025. The AGM will take place at the company's registered office in Ahmedabad. In preparation for the AGM, the company has announced a book closure period from September 24 to September 30, 2025 (both days inclusive).

Additional Board Decisions

The Board meeting, which commenced at 3:30 PM and concluded at 4:00 PM, also resulted in the following decisions:

1. Approval of the Directors' Report for the financial year ended March 31, 2025.
2. Appointment of M/s SJV & Associates as the scrutinizer for the e-voting process and the AGM.

Compliance and Transparency

These announcements align with Charms Industries' commitment to regulatory compliance and transparency. The company has made these disclosures in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As Charms Industries moves forward with these changes, shareholders and market observers will be keen to see how the new CFO and the appointed Secretarial Auditor contribute to the company's governance and financial management in the coming years.