On August 31, 2024, Betex India Limited held its Board Meeting No. 3/2024-25, during which several significant decisions were made. The meeting, which began at 2:30 p.m. and concluded at 3:33 p.m., saw the Board of Directors approve key appointments and finalize important dates related to the company’s upcoming Annual General Meeting (AGM).

1. Appointment of Mrs. Sakshi Saurabh Sodhani as an Independent Director: The Board approved the appointment of Mrs. Sakshi Saurabh Sodhani (DIN: 10742836) as an Additional Director in the capacity of Independent Director. Mrs. Sodhani's expertise and experience are expected to bring valuable insights and strengthen the company's governance framework.

2. Re-appointment of Mr. Ritesh Rajkumar Somani as Whole-time Director: The Board also approved the re-appointment of Mr. Ritesh Rajkumar Somani (DIN: 01402114) as the Whole-time Director of Betex India Limited. Mr. Somani's continued leadership is anticipated to play a pivotal role in the company's growth and strategic direction.

3. Appointment of Mr. Manish Kumar Somani as Managing Director: In a strategic move, the Board appointed Mr. Manish Kumar Somani (DIN: 00356113) as the Managing Director of the company. His leadership and vision are expected to drive the company's operational and financial performance in the coming years.

4. Scrutinizer Appointment for 37th AGM: The Board appointed M/s. Dhirren R. Dave & Co., Practicing Company Secretaries, as the Scrutinizer to oversee the voting process during the company's 37th Annual General Meeting. Their role will ensure transparency and compliance during the AGM proceedings.

5. Book Closure and AGM Date: The book closure period for Betex India Limited has been set from September 20, 2024, to September 26, 2024, to facilitate the 37th AGM. The AGM will be held on Thursday, September 26, 2024, at 12:00 p.m. The Board also approved the Directors' Report for the financial year ended March 31, 2024, which will be presented at the AGM.

6. Directors' Report Approval: The Directors' Report, along with annexures for the financial year 2023-24, was reviewed and approved by the Board. This report will provide shareholders with detailed insights into the company's performance, challenges, and future outlook.

7. Compliance and SEBI Regulations: In accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant SEBI circulars, the details of these decisions will be filed separately with the stock exchange.

Conclusion: Betex India Limited's recent Board Meeting underscores its commitment to strong corporate governance and strategic leadership. The appointments and decisions made during this meeting are aligned with the company's long-term objectives and shareholder interests.

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