Eldeco Housing and Industries Limited has informed the Exchange regarding Outcome of the Meeting of the Board of Directors duly held today i.e. Friday, August 29, 2025
ELDEHSG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Eldeco Housing and Industries held a board meeting on August 29, 2025, where it approved the Directors' Report for FY ending March 31, 2025, and fixed the 40th Annual General Meeting for September 25, 2025 via video conferencing. The Board noted that Ms. Rupali Chopra, Non-Executive Independent Director, will complete her two consecutive 5-year terms and step down at the conclusion of the AGM. The Board also recommended re-appointing Mr. Pankaj Bajaj as Chairman cum Managing Director for another 5-year term from May 14, 2026, subject to shareholder approval. Additionally, Ms. Archana Tripathi is recommended for appointment as Non-Executive Director from the conclusion of the AGM, subject to shareholder approval. The Board approved an extension of the loan agreement with related party Eldeco Infrastructure and Properties Limited, and appointed M/s Paliwal & Associates as Cost Auditor for FY 2025-26.
Shareholders will vote on the re-appointment of the promoter-led CMD and the induction of a new non-executive director at the upcoming AGM on September 25, 2025. The continuation of leadership and related-party loan extension signal business stability but may draw scrutiny over related-party dealings. No major financial figures or dividend announcement were disclosed in this filing.