Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
Faalcon Concepts Limited held a board meeting on April 10, 2025, from 4:00 PM to 4:30 PM via video conferencing. The board noted disclosures of directors' interest (Form MBP-1) and non-disqualification declarations (Form DIR-8) under the Companies Act, 2013. It approved related party transactions with Chrome Coaters Private Limited and Hatchyard Windows Private Limited for FY 2025-26. Additionally, Managing Director Ekta Seth was authorised to operate the company's HDFC Bank net banking account. No financial results, fundraising, or dividend decisions were part of this meeting.
Routine compliance-focused board meeting with no major strategic announcements. The two related party transactions are noteworthy for shareholders to track, as RPTs can affect minority shareholder interests, but no material impact on stock price is expected from these disclosures.