AGM approves MD pay revision and director continuation
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 1.5 pts less than its Real Estate related services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Madala Holdings shareholders at the 36th AGM held on 30 September 2026 approved two items. First, a revision in remuneration for Managing Director Aravind Kumar Madala, effective from 1 March 2026. Second, continuation of Subbiah Srinivasan Battina, who has crossed 75 years of age, as a Non-Executive Director. Battina is a practicing Chartered Accountant and also serves on the board of Covance Softsol Limited. The AGM ran from 10:00 AM to 10:44 AM IST. Both directors hold nil shareholding in the company.
Routine governance update with no change in board composition; unlikely to move the stock.