Outcome of Board Meeting held on Tuesday, March 31, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The board approved a blanket authorisation to purchase fixed assets up to Rs. 1 crore during the financial year for ordinary business needs. It also approved related party transactions (subject to audit committee clearance), a Registrar and Transfer Agent agreement with Kfin Technologies, and general borrowings/loans/investments within statutory limits. The board gave in-principle approval to explore potential merger or acquisition opportunities, subject to due diligence and regulatory approvals. The company confirmed that IPO proceeds have been fully utilised for the stated objects with no deviation, and noted that unspent CSR funds will be transferred to a separate Unspent CSR Account within 30 days as required under Section 135 of the Companies Act.
Mostly routine post-listing housekeeping items; the M&A exploration and full IPO utilisation confirmation are mildly positive signals, but no material new business or financial decision was disclosed that would meaningfully move the stock.