Thirani Projects Limited held its 42nd Annual General Meeting (AGM) on September 25, 2025, where shareholders approved several significant governance appointments. The meeting, conducted through video conferencing and other audio-visual means, saw the re-appointment of three Independent Directors and the appointment of a new Secretarial Auditor.

Re-appointment of Independent Directors

The shareholders approved the re-appointment of three Independent Directors for second five-year terms, effective from September 25, 2025, to September 25, 2030:

1. Mrs. Pritika Choraria (DIN: 08752495): A Chartered Accountant and Company Secretary, Mrs. Choraria brings valuable financial expertise to the board.

2. Mr. Nitesh Singh (DIN: 08751700): At 35 years old, Mr. Singh contributes 12 years of financial sector experience and currently serves as a Manager at Agrud Technologies India Pvt. Ltd., a Singapore-based company.

3. Ms. Vaishali Kumari Shaw (DIN: 08804508): A Commerce graduate with experience in accounts and finance.

These re-appointments were recommended by the Board and the Nomination and Remuneration Committee, highlighting the company's commitment to maintaining experienced leadership.

Appointment of Secretarial Auditor

In addition to the director re-appointments, the shareholders approved the appointment of M/s Kirti Sharma & Associates as the Secretarial Auditor for five consecutive years, from the financial year 2025-26 to 2029-30. CS Kirti Sharma, the firm's proprietor, brings over 9 years of post-qualification experience in secretarial and legal matters.

Other AGM Proceedings

The AGM, which lasted from 1:00 PM to 1:15 PM IST, also saw the approval of other routine matters:

• Adoption of the Audited Standalone Financial Statements for the year ended March 31, 2025
• Re-appointment of Mrs. Santosh Choradia (DIN: 08471379) as a Director, who was retiring by rotation

The meeting was chaired by Mr. Pradeep Kumar Daga, Managing Director of Thirani Projects Limited. The company utilized both remote e-voting and venue voting at the AGM to ensure maximum shareholder participation in the decision-making process.

These appointments and re-appointments reflect Thirani Projects Limited's focus on maintaining strong corporate governance practices and ensuring diverse expertise on its board. The mix of financial, secretarial, and industry experience among the appointed individuals is expected to contribute to the company's strategic direction and compliance efforts in the coming years.

Thirani Projects Limited , a company listed on the Bombay Stock Exchange (BSE), has reported that APA Distributors LLP, a promoter group entity, has completely divested its stake in the company through a series of open market transactions. The firm sold its entire holding of 27,86,865 equity shares, representing a 13.79% stake in Thirani Projects Limited.

Divestment Details

The stake sale was executed across three trading sessions:

Following these transactions, APA Distributors LLP no longer holds any shares in Thirani Projects Limited.

Company Information

Thirani Projects Limited is listed on the Bombay Stock Exchange (BSE) with the scrip code 538464. The company's total equity share capital stands at Rs. 20.21 crores, divided into 2.02 crore equity shares with a face value of Rs. 10 each.

Regulatory Compliance

In compliance with regulatory requirements, APA Distributors LLP has filed the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Additionally, Thirani Projects Limited has submitted the required continual disclosure under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

This significant change in shareholding structure could potentially impact the company's ownership dynamics. Investors and market participants are advised to take note of this development in their assessment of Thirani Projects Limited.