CSL Finance shareholders approve capital clause changes, new appointments

CSL Finance Limited announced that shareholders approved an amendment to the capital clause of its Memorandum of Association during the 33rd Annual General Meeting held on September 20, 2025. The authorized share capital has been increased to INR 27,00,00,000, divided into 2,70,00,000 equity shares of INR 10 each.

Additionally, shareholders approved several key management and audit appointments. M/s. S.R. Dinodia & Co. LLP was appointed as statutory auditors for three years, and M/s. Jasvinder Kaur & Co. as secretarial auditor for five years. Ms. Rachita Gupta was re-appointed as whole time director for a further five-year term, effective December 30, 2025.

Mr. Ashok Kumar Kathuria's designation changed from non-executive director to executive director. Mr. Parmod Bindal and Mr. Subhash Chand Kwatra were re-appointed as non-executive independent directors for a second term of three years each.