Announced Mon, 26 Oct, 2026 · 12:53 IST

10th AGM approves dividend, funding limits and IPO timeline change

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

At the 10th AGM on 30 September 2026, all 12 resolutions passed with 100% of valid votes. Shareholders approved FY2026 accounts and a Rs 0.25 final dividend per share. Subsidiary transaction limits of Rs 50 crore each for Holiday One and Travflix and Rs 30 crore for Yaja were approved, along with funding support up to Rs 20 crore per named subsidiary, broader funding powers, and a revised timeline for using share issue proceeds.

Likely market impact

Shareholders are due Rs 0.25 per share. Approvals aid expansion, but subsidiary deal limits and changed timing for offering proceeds need monitoring.