Pine Labs Limited announced outcomes from its Board Meeting held on December 17, 2025. The Board approved the appointment of M/s. Makarand M. Joshi & Co., Practising 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 concluding with the Financial Year 2029-30. The appointment is subject to the approval of the Company's Shareholders. Furthermore, the Board 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), extending its benefits to employees of subsidiary companies, the appointment of secretarial auditors for the aforementioned five-year term, and the creation of charges and mortgages on the company's properties as per Section 180(1)(a) of the Companies Act, 2013. The Notice of the Postal Ballot and related information will be published and communicated in due course. The details of the appointment of Makarand M. Joshi & Co. include their profile as a leading firm with over 25 years of experience in Corporate Governance and Compliance.