Pine Labs Limited announced that its Board of Directors, in a meeting held on December 17, 2025, approved the appointment of M/s. Makarand M. Joshi & Co., Practicing Company Secretaries, as the company's Secretarial Auditors. This appointment is for a term of five consecutive years, commencing from the Financial Year 2025-26 and extending to the Financial Year 2029-30. The appointment is subject to the approval of the Company's Shareholders. The Board also approved the issuance of a Postal Ballot Notice to seek shareholder approval for several resolutions. These include the ratification and amendment of the Pine Labs Employee Stock Option Plan 2025 (ESOP Scheme), and the extension of ESOP Scheme benefits to employees of subsidiary companies. Additionally, shareholders will vote on the appointment of secretarial auditors for the specified five-year term and the creation of charges on the company's movable and immovable properties under Section 180(1)(a) of the Companies Act, 2013. Makarand M. Joshi & Co. is a firm with over 25 years of experience in corporate governance and compliance, specializing in Secretarial Audits, Compliance Audits, and Due Diligence across various sectors.
