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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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The Board of Equilateral Enterprises (formerly Surya Industrial Corporation) met on September 4, 2025 and approved several items. These include recommending re-appointment of director Mr. Kartik Mehta (retiring by rotation), and seeking shareholder approval for a material related party transaction of up to Rs. 50 crore. The Board also recommended raising the limits on loans, investments and guarantees (u/s 186) and on borrowings (u/s 180(1)(c)) to Rs. 50 crore each, subject to shareholder nod. It appointed M/s Nitesh Chaudhary & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30) and Ms. Niyati Prajapati as Internal Auditor for FY 2025-26. The Board adopted the Directors' Report and other FY 2024-25 disclosures, and fixed the 38th AGM on September 30, 2025 via video conferencing, with the register of members closed from September 24 to 30, 2025.
The Rs. 50 crore proposals for related party transactions, lending and borrowings indicate the company is positioning itself for significantly higher financial activity, though all of these require shareholder approval at the upcoming AGM. The AGM and book closure period are key dates for shareholders to watch.