Prudent Corporate Advisory Services News

Prudent Corporate Board Meet Set for Jan 28, 2026

Prudent Corporate Advisory Services schedules board meeting on January 28, 2026 to approve Q3FY26 unaudited financial results. Trading window closed from Jan 1 till 48 hours post results announcement.

Wasatch Advisors LP reduces stake in Prudent Corporate

Wasatch Advisors LP sold 2,982 shares of Prudent Corporate Advisory Services Ltd through open market transaction on January 7, 2026, reducing its shareholding from 3.33% to 3.29%.

Prudent Corporate Advisory Seeks Shareholder Approval for Rs 75 Lakh Director Remuneration

Prudent Corporate Advisory Services Limited has issued a postal ballot notice seeking shareholder approval for payment of commission up to Rs 75 lakh to Mr. Chirag Ashwinkumar Shah, Non-Executive Non-Independent Director, for financial year 2025-26. The proposed commission may exceed 50% of total annual remuneration payable to all other Non-Executive Directors, requiring special resolution approval. The remote e-voting period runs from November 12, 2025 to December 11, 2025. Mr. Shah, a Chartered Accountant with over 20 years of insurance and financial experience, has been associated with the Prudent Group since 2004 and serves on multiple board committees. He did not draw any remuneration from the company during 2024-25 but received Rs 201 lakh from wholly-owned subsidiary Gennext Insurance Brokers Private Limited. The Board approved this proposal based on his significant contributions to strategic decision-making and increased responsibilities.