Kamdhenu Ventures appoints Punhani to four board committees

Kamdhenu Ventures Limited appointed Saroj Punhani as an additional non-executive independent director on October 30, 2026, subject to shareholder approval by postal-ballot special resolution. Her proposed first five-year term runs to October 29, 2031, while Kamdhenu Ventures also made her a member of its Audit, nomination, stakeholder and risk committees.

Who is Saroj Punhani and what role will she hold at Kamdhenu Ventures?

Saroj Punhani is Kamdhenu Ventures' additional director in the category of non-executive independent director from October 30, 2026, pending approval by members through a special resolution. The board approved her appointment after a recommendation from its Nomination and Remuneration Committee, which met before the board meeting on the same date.

The proposed appointment covers a first term of five consecutive years from October 30, 2026 to October 29, 2031, with both dates inclusive. Kamdhenu Ventures said the role is not liable to retire by rotation, although her designation will change from additional director to non-executive independent director only when shareholders approve the postal-ballot resolution.

Punhani is a former 1984-batch officer of the Indian Audit and Accounts Service, with nearly four decades of experience in auditing, accounting, public administration, financial management and governance, according to the company. Her disclosed senior civil-service positions include Deputy Comptroller and Auditor General for human resources and training at the Office of the Comptroller and Auditor General of India.

When will Kamdhenu Ventures shareholders vote on Saroj Punhani's appointment?

Kamdhenu Ventures shareholders must approve Punhani's proposed five-year appointment through a special resolution by postal ballot. The October 30, 2026 announcement did not give a voting date; the company said it would file the postal-ballot notice and calendar of events with the stock exchanges in due course.

Until members approve the resolution, Punhani's effective status is additional director in the non-executive independent director category from October 30, 2026. The board's note distinguishes that immediate appointment from the subsequent designation change that will take effect upon shareholder approval.

Kamdhenu Ventures said its board noted and confirmed that Punhani is not debarred from holding directorship by an order of the Securities and Exchange Board of India, or SEBI, or any other statutory authority. The October 30 disclosure also states that she is not related to any director of the company.

The unresolved governance step is therefore the postal-ballot special resolution, despite board approval on October 30, 2026. Kamdhenu Ventures made the disclosure under Regulations 30 and 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Which Kamdhenu Ventures committees will Saroj Punhani join?

Punhani joined Kamdhenu Ventures' Audit Committee, Nomination and Remuneration Committee, Stakeholders' Relationship Committee and Risk Management Committee as a member from October 30, 2026. The board reconstituted all four committees on that date, placing the incoming additional director in audit, nomination, stakeholder and risk oversight structures.

The Audit Committee now has four members, chaired by Madhusudan Agarwal, with Ramesh Chand Surana, managing director Saurabh Agarwal and Punhani as members. The Nomination and Remuneration Committee also has four members, chaired by Surana and including Madhusudan Agarwal, non-executive director Sachin Agarwal and Punhani.

The Stakeholders' Relationship Committee has four members: chairman Madhusudan Agarwal, Saurabh Agarwal, Sachin Agarwal and Punhani. The Risk Management Committee has five members, making it the only one of the four with an additional member, chief financial officer Vineet Kumar Agarwal, alongside chairman Sunil Kumar Agarwal, Saurabh Agarwal, Madhusudan Agarwal and Punhani.

What experience does Saroj Punhani bring to Kamdhenu Ventures?

Punhani brings public-sector audit, financial-management and governance experience, including service as Central Information Commissioner from November 2020 to November 2023. Kamdhenu Ventures said that three-year position further developed her experience in transparency, accountability and regulatory governance.

Her disclosed education includes a Master of Science in Botany from Miranda House, University of Delhi; a Master of Business Administration in Finance from Indira Gandhi National Open University; and a Master of Philosophy from the Indian Institute of Public Administration. The company also said that during her nearly four-decade civil-service career, she served on deputation with Central Government ministries and public-sector organisations.

The October 30, 2026 appointment is a non-executive board role, unlike the public-administration positions outlined in Punhani's profile. Kamdhenu Ventures marked as not applicable the disclosure field for listed entities in which the appointee holds directorships and board-committee memberships.

What other governance change did Kamdhenu Ventures approve?

Kamdhenu Ventures approved an amendment to its Nomination and Remuneration Policy with immediate effect from October 30, 2026. The board acted on the committee's recommendation, the same mechanism through which it received the recommendation for Punhani's appointment earlier that day.

The company said the amended policy would be placed on its investor-zone website, but its October 30 filing did not set out the policy text or specific changes. The disclosed position is therefore that the amendment took effect immediately, while its detailed provisions were not included in the announcement.

The board meeting began at 1:30 p.m. Indian Standard Time on October 30, 2026 and concluded at 3:55 p.m. The board also approved standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, alongside the director, committee and policy decisions.

Conclusion

Kamdhenu Ventures has put Punhani into an additional independent-director role for a proposed five-year period and added her to all four reconstituted board committees from October 30, 2026. The appointment combines her 1984-batch Indian Audit and Accounts Service background and November 2020 to November 2023 Central Information Commission tenure with responsibilities covering audit, remuneration, stakeholder relations and risk.

The next disclosed event to watch is the postal-ballot notice and calendar of events, which Kamdhenu Ventures said it will file with stock exchanges in due course. A shareholder special resolution is required before Punhani's designation changes to non-executive independent director for the proposed term ending October 29, 2031.