Mishka Exim Limited Announces Key Leadership Changes and AGM Results
Mishka Exim Limited (BSE: 539220) has made significant leadership changes and announced results of its 11th Annual General Meeting. Key appointments include Mr. Naresh Kumar Garg as Non-Executive Independent Director for five years and re-appointment of Mr. Rajneesh Gupta as Managing Director for three years. M/s. Parveen Rastogi and Co. has been re-appointed as Secretarial Auditor for five years. Board committees have been reconstituted following Mr. Akhil Mohan Gupta's term completion. All AGM resolutions passed with over 99.99% votes in favor, including adoption of financial statements and leadership appointments.
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Mishka Exim Limited , a company listed on the Bombay Stock Exchange (BSE: 539220), has announced significant leadership changes and the results of its 11th Annual General Meeting (AGM). The company has made several key appointments and re-appointments, demonstrating its commitment to strengthening its leadership team and corporate governance.
New Independent Director Appointment
Mr. Naresh Kumar Garg (DIN: 02290538) has been appointed as a Non-Executive Independent Director for a five-year term. Mr. Garg brings over 35 years of experience in finance and accounts to the board. He previously served as Assistant General Manager Finance & Accounts at Sunstar Forgins Ltd until his retirement in January 2021.
Managing Director Re-appointment
The company has re-appointed Mr. Rajneesh Gupta (DIN: 00132141) as Managing Director for a three-year term. Mr. Gupta, a Chartered Accountant, has more than 35 years of experience in equity share markets and possesses up-to-date knowledge of market conditions and regulatory changes affecting investments.
Secretarial Auditor Re-appointment
M/s. Parveen Rastogi and Co., Practicing Company Secretaries, has been re-appointed as the Secretarial Auditor for a term of five years.
Board Committee Changes
Following the completion of Mr. Akhil Mohan Gupta's term as Non-Executive Independent Director, the company has reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee. Mr. Naresh Kumar Garg will replace Mr. Akhil Mohan Gupta in these committees.
AGM Voting Results
The company's 11th AGM saw strong shareholder participation with all resolutions passed with requisite majorities. Key resolutions included:
- Adoption of audited financial statements
- Re-appointment of Mr. Rajneesh Gupta as a director liable to retire by rotation
- Appointment of Mr. Naresh Kumar Garg as Non-Executive Independent Director
- Re-appointment of Mr. Rajneesh Gupta as Managing Director
- Appointment of M/s. Parveen Rastogi and Co. as Secretarial Auditors
The voting results showed overwhelming support for all resolutions, with each receiving over 99.99% votes in favor.
These changes and approvals reflect Mishka Exim Limited's focus on maintaining strong corporate governance and ensuring experienced leadership at the helm of the company. The new appointments and re-appointments are expected to contribute to the company's strategic direction and growth in the coming years.
Historical Stock Returns for Mishka Exim
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.86% | +0.60% | +11.06% | +80.65% | -27.57% | +61.68% |
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