Pennar Industries Appoints Secretarial Auditor, AGM on Sept 30

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Pennar Industries has announced the appointment of Mr. Subhash Kishan Kandrapu as the Secretarial Auditor of the company for five consecutive financial years, commencing from 2025-26 to 2029-30, effective after the upcoming AGM.

The decision was made during a board meeting on September 8, 2025, in compliance with Section 204 of the Companies Act, 2013, and Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

Mr. Subhash Kishan Kandrapu is a Practicing Company Secretary with Membership No. 32743 and Practicing No. 17545. The board is authorized to fix his remuneration between ₹1.5 lakh and ₹2.0 lakhs periodically.

The board also approved the following:

• Ratification of remuneration payable to M/s. Kandikonda & Associates, Cost Accountants (Registration No. 101361) for the financial year ending March 31, 2026.
• Creation of charges.
• Authority to borrow in excess of paid-up capital and free reserves, up to ₹2,250 crores.
• Approval of Investments / Loans / Guarantees / Securities, up to ₹1,000 Crores.

The 49th Annual General Meeting (AGM) will be held on Tuesday, September 30, 2025, at 11:00 A.M. via Video Conferencing (VC) / Other Audio Visual Means (OAVM).

Wednesday, September 24, 2025, is the cut-off date for determining members eligible to vote on the resolutions.

The remote e-Voting period will commence on September 26, 2025 (9:00 a.m.) and end on September 29, 2025 (5:00 p.m.).

The results of the electronic voting will be declared to the Stock Exchanges after the AGM and will be available on the company's website along with the Scrutinizer's Report.

Key appointments made by the board:

• Mr. Aditya Rao (DIN: 01317343) re-appointed as a Director, liable to retire by rotation.
• Mr. Subhash Kishan Kandrapu appointed as Secretarial Auditor.

The board recommends the resolutions for approval.

The 49th Annual General Meeting (AGM) of the members of the company will be held on Tuesday, the 30th September, 2025 at 11:00 A.M. through Video Conferencing (VC) / Other Audio Visual Means (OAVM).