Announced Wed, 19 Aug · 18:06 IST
36th AGM on Sept 29, 2026; seeks nod to skip interest provision on loans
MADHUCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹5.10
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.2+4.9+2.4+3.3-2.0-2.0-10.2-16.9——
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AI summary
Madhucon Projects has notified its 36th AGM on September 29, 2026 at 3 PM in Khammam. Key items include adoption of FY26 audited results, appointment of B. Narsing Rao and Co LLP as statutory auditors for 3 years, appointment of two new directors, and ratification of Cost Auditor fee at Rs. 1 lakh. Notably, the company seeks approval to skip interest provisioning on working capital and unsecured loans for FY26, citing One Time Settlement proposals submitted to lenders.
Likely market impact
Seeking to skip interest provisioning signals financial stress and ongoing debt restructuring with lenders, a concern for shareholders.