Announced Tue, 30 Jun · 14:25 IST

Board approves FY26 Director's Report, Rs 100 cr RPT limit, and 92nd AGM on July 23

Management Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+0.5%1-day move
₹187.10
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AI summary

Board meeting on June 30, 2026 approved Directors Report, MD&A and Corporate Governance Report for FY26. Re-appointed Nikhil Mehta and Tashwant Mehta as directors retiring by rotation. Approved Related Party Transaction limit of Rs 100 Crores subject to shareholder approval. Approved private placement of NCDs and other debt securities. 92nd AGM scheduled for July 23, 2026 via video conferencing. Book closure from July 17 to July 23, 2026. Also approved insertion of Article 95A for Nominee Director and took on record the Secretarial Audit Report.

Likely market impact

Routine AGM and governance items. RPT limit of Rs 100 cr and proposed NCD issuance will need shareholder approval at the upcoming AGM.