Outcome of Board Meeting as on 05th September, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors approved the audited financial results for the financial year ended 31st March 2025. The Board also approved the appointment of the Statutory Auditor for the same financial year. M/s Neelakshee R. Marathe & Co. was appointed as Scrutinizer to oversee the voting process at the 34th Annual General Meeting. Additionally, the Board approved the remuneration/commission payable and an unsecured loan given to the Company by certain identified parties (Jalan and Mahajan group entities), likely a related-party transaction.
This is largely routine pre-AGM board business: approval of audited results, auditor appointment, and scrutinizer selection. The related-party loan/commission approval is the only governance-sensitive item and shareholders should review related-party disclosures in the AGM notice.