Sharanam Infraproject & Trading has announced the appointment of Mr. Rishabh Suri as the Company Secretary and Compliance Officer, effective September 12, 2025. The decision was approved by the company's board of directors during their meeting held on the same day.

Key Details of the Appointment

Professional Background

Mr. Suri brings expertise to his new role at Sharanam Infraproject. His areas of specialization include:

• Corporate Governance
• Compliance
• Corporate Law
• Regulatory Frameworks
• Corporate Legal Management

Company's Statement

The company stated in its regulatory filing, "Mr. Rishabh Suri, who is an Associate Member of the Institute of Company Secretaries of India (ICSI), bearing Membership No. A70748, and possesses the requisite qualification and expertise, has been appointed as Company Secretary and Compliance Officer of the Company on such terms and conditions as may be decided between MR. RISHABH SURI and Board of Directors, w.e.f. September 12, 2025."

About Sharanam Infraproject & Trading

Sharanam Infraproject & Trading is a public company listed on the Bombay Stock Exchange (BSE) with the security code 539584. The company's registered office is located at 1309, 13th Floor, D & C Phoenix, Opp. Aanal Flat, Vijay Crossroad, Navrangpura, Ahmedabad, Gujarat, 380009.

This appointment is expected to strengthen the company's compliance and corporate governance framework, leveraging Mr. Suri's experience in these areas.

Investors and stakeholders can find more information about this appointment in the company's official communication to the stock exchange.

Sharanam Infraproject & Trading Ltd shares hit the upper circuit today as investors reacted positively to the company's announcement of an upcoming board meeting to consider a dividend and explore international expansion opportunities.

Stock Performance

The stock opened at ₹0.58 and quickly reached ₹0.59, hitting its upper circuit limit. This surge in stock price reflects investor enthusiasm following the company's recent announcements.

Dividend Consideration

Sharanam Infraproject & Trading Ltd has scheduled a board meeting for May 6, 2025, to consider several important matters. One of the key agenda items is the potential recommendation or declaration of a dividend of up to 50% on the company's equity shares for the financial year ending March 31, 2025. It's important to note that this dividend, if approved by the board, would still be subject to shareholder approval.

International Expansion Plans

In addition to the dividend consideration, the company has revealed plans to explore potential business expansion in the United Arab Emirates. The board will evaluate opportunities for strategic entry into commercial real estate development projects in Ras Al Khaimah and Dubai. This move aligns with the company's future growth and diversification strategy, although it remains subject to due diligence and a business feasibility report.

Management's Statement

Pratikkumar Shamjibhai Bhalodiya, an authorized person for Sharanam Infraproject & Trading Ltd, stated:

"The upcoming board meeting will focus on key decisions that could significantly impact our shareholders and the company's future direction. We look forward to discussing both the potential dividend and our international expansion plans."

Investor Considerations

While the news of a potential dividend and international expansion has sparked investor interest, it's crucial to remember that these are still proposals subject to board approval and, in the case of the dividend, shareholder approval as well. The outcome of the May 6th board meeting will provide more clarity on these matters.

Investors and stakeholders are advised to await the official outcome of the board meeting, which the company has committed to communicating to the Stock Exchange in accordance with applicable regulations.