Announced Tue, 13 Oct, 2026 · 12:11 IST
Board authorises MD to represent company in legal settlements at Ahmedabad courts
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Board meeting on October 13, 2026 approved authorising Mr. Vishwesh D. Mehta, Managing Director and CFO, to represent the company in settlement, compromise, execution, consent terms and settlement agreements before the City Civil Court, High Court and other courts in Ahmedabad. Meeting ran from 11:30 AM to 11:50 AM. Routine internal governance matter with no disclosed financial impact.
Likely market impact
Routine operational authorisation; no change in management, capital or business outlook for shareholders.