Kusam Electrical Industries has announced a significant change in its key managerial personnel. Ms. Amruta Kiran Lokhande, who has been serving as the Company Secretary and Compliance Officer, has tendered her resignation.

Resignation Details

Company's Response

Kusam Electrical Industries has informed the Bombay Stock Exchange (BSE) about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that it will notify the exchange once a new Company Secretary and Compliance Officer is appointed.

Impact and Next Steps

The resignation of a Company Secretary and Compliance Officer is a significant event for any publicly listed company. These roles are crucial for ensuring regulatory compliance and maintaining effective communication between the company and its stakeholders.

Kusam Electrical Industries will now begin the process of finding a suitable replacement for Ms. Lokhande. The company is expected to appoint a new Company Secretary and Compliance Officer to ensure continuity in its regulatory compliance and corporate governance functions.

Investors and stakeholders of Kusam Electrical Industries should stay tuned for further announcements regarding the appointment of a new Company Secretary and Compliance Officer in the coming weeks.

Kusam Electrical Industries Ltd. has made significant changes to its board composition, as approved at its Annual General Meeting (AGM) held on September 26, 2025. The company has re-appointed a key executive and brought in a new non-executive director, both for five-year terms.

Re-appointment of Whole Time Director

Mr. Navin Chandmal Goliya has been re-appointed as the Whole Time Director of Kusam Electrical Industries for a period of five years. Mr. Goliya, who holds a Bachelor's degree in Electronics Engineering, brings extensive industry experience to the company. His re-appointment was initially approved by the Board of Directors on August 13, 2025, and subsequently ratified by shareholders at the AGM.

New Non-Executive Director

In addition to Mr. Goliya's re-appointment, the company has also appointed Mrs. Milli Navin Goliya as a Non-executive Director for a five-year term. Mrs. Goliya, who holds a Bachelor's degree in Commerce, is noted for her management skills in finance and accounting. Her appointment, like Mr. Goliya's, was initially approved by the Board on August 13, 2025, before being confirmed at the AGM.

Other Key Appointments

The AGM also saw the approval of other significant appointments:

• M/S. Chhajed & Doshi, Chartered Accountants, were appointed as Statutory Auditors for a term of five years, from the financial year 2025-26 to 2029-30.
• CS Nishi Jain, a Practicing Company Secretary, was appointed as the Secretarial Auditor for the same five-year period.

AGM Proceedings

The 42nd Annual General Meeting of Kusam Electrical Industries was held at the company's registered office in Mumbai. The meeting, chaired by Mr. Navin Chandmal Goliya, saw the presence of six directors, including the chairman of the Audit Committee.

The AGM addressed various agenda items, including:

• Adoption of financial statements for the year ended March 31, 2025
• Re-appointment of Mr. Chandmal Parasmal Goliya, who was retiring by rotation

These board-level changes and appointments reflect Kusam Electrical Industries' focus on strengthening its governance and leadership as it moves forward. The mix of continuity in executive leadership and the introduction of new perspectives through the non-executive appointment suggests a balanced approach to the company's future direction.