Euro Panel Products Limited , a leading player in the panel products industry, has announced significant changes to its leadership and compliance team following shareholder approval at its 12th Annual General Meeting (AGM) held on September 15, 2025.

Executive Director Appointment

Mrs. Krishna Rajesh Shah has been appointed as an Executive Director of Euro Panel Products Limited for a term of five years. The appointment, initially made by the Board on May 24, 2025, received shareholder approval at the AGM. Mrs. Shah brings a wealth of experience to the role, having served as a director at Divya Ply Agency Private Limited for nearly 16 years.

Mrs. Shah's appointment adds a familial dimension to the company's leadership structure. She is the wife of Mr. Rajesh Nanalal Shah, the Managing Director of Euro Panel Products Limited, and the mother of Mr. Divyam Rajesh Shah, who serves as the Whole Time Director and Chief Financial Officer.

Secretarial Auditor Appointment

Shareholders also approved the appointment of Ms. Kala Agarwal as the company's Secretarial Auditor. Ms. Agarwal's term will span five consecutive financial years, from FY 2025-26 to FY 2029-30, in accordance with Section 204 of the Companies Act, 2013.

Ms. Agarwal, based in Mumbai, is a registered member of the Institute of Company Secretaries of India (ICSI) with registration number 5356. Her firm has earned a reputation for expertise in various areas of corporate law, including securities, foreign exchange management, and tax laws. The firm is also known for conducting board process audits, corporate governance audits, and due diligence for corporate actions and transactions.

Compliance and Transparency

Euro Panel Products Limited has confirmed that proper due diligence was conducted for these appointments. The company verified that Mrs. Krishna Rajesh Shah is not debarred from holding the office of Executive Director, as per SEBI regulations.

These appointments reflect Euro Panel Products' commitment to strengthening its leadership team and ensuring robust corporate governance practices. The diverse experience brought by the new appointees is expected to contribute to the company's strategic direction and compliance framework in the coming years.

The AGM decisions were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's adherence to regulatory transparency.

Euro Panel Products Limited , a prominent player in the panel products industry, held its 12th Annual General Meeting (AGM) on September 15, 2025, marking significant changes in its leadership and governance structure. The meeting, conducted through video conferencing, saw shareholders approving several key resolutions that are set to shape the company's future direction.

Executive Director Appointment

One of the most notable outcomes of the AGM was the appointment of Mrs. Krishna Rajesh Shah as an Executive Director for a five-year term. Mrs. Shah, who has been associated with Euro Panel Products for over three decades, brings a wealth of experience to her new role. Her appointment is particularly significant given her deep understanding of the company's operations and accounts, which she has managed since the company's inception.

Mrs. Krishna Rajesh Shah's appointment also strengthens the family leadership within the company. She is the wife of Mr. Rajesh Nanalal Shah, the Managing Director, and mother of Mr. Divyam Rajesh Shah, who serves as the Whole Time Director and CFO.

New Secretarial Auditor

In another important move, the shareholders approved the appointment of Ms. Kala Agarwal as the company's Secretarial Auditor for a period of five consecutive financial years, from FY 2025-26 to FY 2029-30. Ms. Agarwal, a practicing Company Secretary registered with the Institute of Company Secretaries of India (ICSI), brings expertise in corporate laws, securities laws, and mergers and acquisitions to her role.

Other Key Resolutions

The AGM also saw the approval of several other significant resolutions:

1. Adoption of the audited financial statements for the fiscal year ended March 31, 2025.
2. Re-appointment of Mr. Divyam Rajesh Shah, who was retiring by rotation.
3. Ratification of remuneration payable to cost auditors.
4. Creation of charges on the company's movable and immovable properties for borrowings.
5. Increase in borrowing powers of the Board of Directors under Section 180(1)(c) of the Companies Act, 2013.

Shareholder Participation and Voting

The meeting witnessed active participation from shareholders, with all resolutions passing unanimously. The e-voting results showed 100% votes in favor of each resolution, indicating strong shareholder support for the company's decisions.

Management's Address

During the AGM, Mr. Divyam Rajesh Shah, Whole Time Director, addressed the members, highlighting the company's performance in FY 2024-25, market dynamics, customer relationships, and future strategies. He also emphasized Euro Panel Products' initiatives in Environmental, Social, and Governance (ESG) areas.

The management expressed gratitude to investors for their faith in the company and thanked all stakeholders for their continued support.

Euro Panel Products Limited's 12th AGM marks a significant milestone in the company's journey, with new appointments and strategic decisions aimed at strengthening its position in the market and enhancing shareholder value.