BSEMegri Soft LtdLowNeutral
Announced Mon, 10 Nov · 17:25 IST

Approval of Related Party Transaction

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Megri Soft Limited's Board, at its meeting on November 10, 2025, approved a related party transaction with Mahesh Kohli (HUF) for construction of a building on the company's land at Plot No. I-46, Sector-83 Alpha, I.T. City, S.A.S. Nagar, Punjab. The total contract value will not exceed ₹18 lakhs. Mr. Mahesh Kohli (Karta of the HUF) is the brother of Mr. Mohnesh Kohli, the company's Promoter and Director. The transaction was reviewed and approved by both the Audit Committee and the Board, and is classified as being in the ordinary course of business and on an arm's-length basis.

Likely market impact

This is a small-value transaction (₹18 lakhs) with the promoter's family entity, and while it is disclosed as a material event, it does not qualify as a material related party transaction under SEBI rules. Minor and unlikely to materially affect shareholder value or stock price.