Stellar Capital Services Limited , a prominent player in the financial services sector, has announced significant changes to its leadership and auditing structure following a board meeting held on September 5, 2025. The company has made several key appointments and noted a resignation, all of which are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

New Auditor Appointments

In a move to strengthen its financial oversight, Stellar Capital Services has appointed new auditors for both statutory and secretarial functions:

• Statutory Auditor: M/s. Hemant Arora & Co, LLP, Chartered Accountants (Firm Registration No. 002141C/C4400006) has been appointed as the Statutory Auditor for a five-year term.
• Secretarial Auditor: M/s. Kundan Kumar Mishra & Associates, Practicing Company Secretaries (C.P. No. 19844, PR: 2908/2023) has been appointed as the Secretarial Auditor, also for a five-year term.

Both appointments are set to commence from the financial year 2025-2026 and continue through 2029-2030, pending shareholder approval at the AGM.

Board Restructuring

The company has also announced changes to its board composition:

• New Addition: Mr. Chaladan Patyath Videsh (DIN 07261624) has been appointed as an Additional Non-Executive Director. Mr. Videsh brings a diverse portfolio of experience, with current directorships in various sectors including distillery, textiles, trading, and medical across Delhi and Haryana regions.
• Resignation: The board has accepted the resignation of Mr. Sumit Karmakar from his position as a Non-Executive Director.

Annual General Meeting

Stellar Capital Services has scheduled its 31st Annual General Meeting for September 30, 2025, at 5:00 PM. In line with modern corporate practices, the AGM will be conducted through video conferencing, allowing for broader shareholder participation.

Corporate Governance and Transparency

These appointments and changes reflect Stellar Capital Services' commitment to maintaining robust corporate governance structures. The company has ensured full disclosure of these developments in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board meeting, which commenced at 5:00 PM and concluded at 8:30 PM on September 5, 2025, covered these significant decisions that are poised to shape the company's future direction and governance framework.

Shareholders and market observers will be keenly watching how these changes impact Stellar Capital Services' operations and performance in the coming years. The upcoming AGM on September 30, 2025, will provide an opportunity for shareholders to ratify these decisions and engage with the company's leadership on its future strategies.

Stellar Capital Services Limited (Scrip Code: 536738) has announced significant changes in its leadership and audit structure, along with setting the date for its upcoming Annual General Meeting (AGM). These decisions were made during a board meeting held on September 5, 2025.

Key Highlights

• 31st AGM Scheduled: The company's 31st AGM is set for September 30, 2025, to be conducted via video conferencing at 5:00 PM.

• New Statutory Auditor: M/s. Hemant Arora & Co, LLP, Chartered Accountants, have been appointed as the new Statutory Auditors for a five-year term.

• New Secretarial Auditor: M/s. Kundan Kumar Mishra & Associates have been named as the new Secretarial Auditors, also for a five-year term.

• Board Changes: Chaladan Patyath Videsh joins as Additional Non-Executive Director, while Sumit Karmakar steps down from the board.

Detailed Overview

Auditor Appointments

Stellar Capital Services has made significant changes to its audit structure. M/s. Hemant Arora & Co, LLP, a professional accounting firm with roots dating back to 1992, has been appointed as the Statutory Auditor. Known for their expertise in audit, tax, regulatory, consultancy, and outsourcing services, the firm brings a wealth of experience to the role.

For secretarial audits, the company has chosen M/s. Kundan Kumar Mishra & Associates. This Delhi-based firm, led by FCS Kundan Kumar Mishra, specializes in company secretarial services and foreign company incorporation.

Both appointments are for a five-year term, spanning from the financial year 2025-2026 to 2029-2030, subject to shareholder approval at the upcoming AGM.

Board Restructuring

The company has appointed Chaladan Patyath Videsh (DIN: 07261624) as an Additional Non-Executive Director. Videsh, an active Indian director residing in Kerala, brings diverse experience from his multiple directorships across various sectors including distillery, textiles, trading, and medical, in both Delhi and Haryana regions.

Simultaneously, the board has accepted the resignation of Sumit Karmakar (DIN: 07261152) from his position as a Non-Executive Director.

Annual General Meeting

The 31st AGM of Stellar Capital Services Limited is scheduled for September 30, 2025, at 5:00 PM. In line with current practices, the meeting will be held virtually through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

These changes reflect Stellar Capital Services' commitment to maintaining strong corporate governance and adapting to evolving business needs. Shareholders will have the opportunity to ratify these decisions at the upcoming AGM, marking a new chapter in the company's journey.