In compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Board of Directors ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
At a board meeting held on 27th January 2026, the directors approved a Postal Ballot Notice for shareholder voting. They accepted the resignation of Non-Executive Director Mr. Shivchand Sharma (effective 23rd January 2026) due to health issues related to aging. They appointed Mrs. Gayatri Narendra Sharma as an Additional Non-Executive Non-Independent Director, who is the spouse of Mr. Narendra Sharma, the company's North Regional Head. The board also approved, subject to shareholder approval, material related party transactions with Innovators Contracting Works Pvt Ltd for FY 2025-26 and with Parth Façade Solutions Pvt Ltd for FY 2026-27.
The director change is largely continuity-driven — one exit for health reasons offset by a family member of an existing regional head joining the board. Investors should watch the Postal Ballot closely because the related party transactions with group entities will require shareholder approval, raising questions about arm's-length pricing and group-level fund flows.