The Yamuna Syndicate Ltd Shareholders Approve Key Appointments at 71st AGM

The Yamuna Syndicate Ltd (YSL) held its 71st Annual General Meeting (AGM) on August 4, 2025, where shareholders approved several key appointments and reappointments. The meeting, conducted through video conferencing, saw important decisions that will shape the company's leadership and compliance structure for the coming years.

Board Appointments and Reappointments

The shareholders approved the following appointments:

Non-Independent Non-Executive Director

• Mr. Kishore Chatnani (DIN: 07805465) was reappointed as a Non-Independent Non-Executive Director.
  • Age: 59
  • Experience: Over 30 years in finance, operations, treasury, and investment management
  • Education:
    • Bachelor of Engineering in Industrial Production from MPIET, University of Nagpur
    • MBA in Finance from the Institute of Management Studies, Indore University

Non-Executive Independent Director

• Mr. Praveen Soneja (DIN: 02827704) was appointed for a five-year term (May 6, 2025 to May 5, 2030).
  • Age: 66
  • Experience: Over 40 years of diverse industry experience, including 20 years in leadership roles
  • Education:
    • Bachelor of Engineering in Mechanical Engineering from MNNIT, Allahabad
    • MBA in Finance from Manchester Business School, U.K.

Secretarial Auditor Appointment

M/s. Pramod Kothari & Co. was appointed as the company's Secretarial Auditors for a five-year term (FY 2025-26 to 2029-30).

• Expertise: Over 13 years in secretarial audit, regulatory compliance, and corporate law advisory

Other AGM Proceedings

The meeting, chaired by Mr. Ranjit Puri, also addressed:

1. Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025
2. Declaration of a final dividend of Rs. 500.00 per equity share of Rs. 100.00 each for FY 2024-25

The AGM was conducted in compliance with the latest MCA and SEBI circulars, ensuring seamless participation through video conferencing. E-voting facilities were provided to shareholders, with the voting window remaining open for 15 minutes after the conclusion of the meeting.

These appointments and decisions reflect The Yamuna Syndicate Ltd's focus on strengthening its governance structure and ensuring experienced leadership at the helm.