Corporate News
Shareholders of Scarnose International Limited will vote on the reappointment of directors Manish Shrichand Bachani and Parin Shirishkumar Bhavsar at an upcoming meeting, with both slated for five-year terms extending from September 22, 2026, to September 21, 2031. Bachani, holding a Bachelor of Commerce degree, brings expertise in marketing and project management, while Bhavsar, a Company Secretary, specializes in corporate governance and compliance. Additionally, shareholders will consider a one-year related-party transaction, valued at Rs. 3.00 crore, with M/s. Grace Marketing, a sole proprietorship with common control to Whole-time Director Swaroop Dylon. The transaction, spanning April 1, 2026, to March 31, 2027, encompasses a range of activities including sales, leasing, and service provision, and is presented as being in the interest of the company.