Thirani Projects Limited has announced key decisions regarding its upcoming 42nd Annual General Meeting (AGM) and the proposed re-appointment of three independent directors. The company's Board of Directors approved these matters during a meeting held on August 27, 2025.

AGM Details and Important Dates

The 42nd AGM of Thirani Projects Limited is scheduled for September 25, 2025, at 1:00 p.m. The meeting will be conducted through video conferencing (VC) or other audio-visual means (OAVM), adapting to the digital format for shareholder participation.

Key dates related to the AGM include:

• Remote E-voting Period: September 22-24, 2025
• Book Closure: September 19-25, 2025 (both days inclusive)

Shareholders are advised to take note of these dates for participation in the AGM and voting processes.

Re-appointment of Independent Directors

The Board has approved the re-appointment of three independent directors for a second term of five years, subject to shareholder approval at the upcoming AGM. The proposed re-appointments are:

1. Mrs. Pritika Choraria (DIN: 08752495)

• Qualifications: Chartered Accountant and Company Secretary
• Education: Bachelor's Degree in Commerce

2. Mr. Nitesh Singh (DIN: 08751700)

• Age: Approximately 35 years
• Experience: 12 years in the financial sector
• Current Role: Manager of Accounts and Compliance at Agrud Technologies India Pvt. Ltd.

3. Ms. Vaishali Kumari Shaw (DIN: 08804508)

• Education: Graduate in Commerce
• Expertise: Varied exposure in Accounts and Finance

All three directors are proposed for re-appointment for a term from September 25, 2025, to September 25, 2030. The company has confirmed that none of these directors are related to any other directors of Thirani Projects Limited, and they are not debarred from holding directorship positions by SEBI or any other authority.

Additional Board Decisions

The Board has also appointed M/s. Kirti Sharma & Associates, Practicing Company Secretaries, as the scrutinizer for conducting the voting process for the AGM.

Thirani Projects Limited's commitment to corporate governance is evident in these decisions, ensuring transparency and compliance with regulatory requirements. Shareholders are encouraged to participate in the upcoming AGM and exercise their voting rights on these important matters.

Thirani Projects recently witnessed a significant change in its shareholding structure as a director sold a substantial portion of their stake in the company through open market transactions.

Key Details of the Share Sale

• Seller: Moreplus Merchants Private Limited, a non-promoter entity
• Shares Sold: 808,060 equity shares (4.00% of total shareholding)
• Sale Period: August 14-22, 2025
• Transaction Breakdown:
  • 200,099 shares (0.99%) sold between August 14-21, 2025
  • 607,961 shares (3.01%) sold on August 22, 2025

Impact on Shareholding

The sale has resulted in a notable change in the seller's position within the company:

Company Overview

Thirani Projects, listed on the Bombay Stock Exchange (BSE), has a total equity share capital of Rs. 20.21 crores, divided into 2.02 crore equity shares with a face value of Rs. 10 each.

Regulatory Compliance

In compliance with SEBI regulations, specifically Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Moreplus Merchants Private Limited has filed the necessary disclosure with the BSE on August 25, 2025. This disclosure details the change in shareholding resulting from the open market transactions.

The sale represents a significant movement in the company's shareholding structure, potentially impacting the stock's trading dynamics. Investors and market watchers may want to keep an eye on any further developments or changes in the company's ownership pattern.