1. Based on approval of Audit Committee, the Board approved related party transactions. 2. Based on approval of Nomination & Remuneration Committee, the board approved the appointment ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Meta Infotech Limited's Board approved multiple related party transactions for FY 2026-27 including up to Rs. 4 crore each with Meta Infotech Dubai and Meta Infotech Australia Pty Ltd, Rs. 6 lakhs charity to Niva Foundation, and Rs. 21 crore borrowing from Managing Director Mr. Venu Gopal Peruri. The Board also approved remuneration for three directors and two related parties (MD's sister and brother-in-law). Mrs. Mansi Sheth was appointed as Company Secretary & Compliance Officer (Key Managerial Personnel) effective April 1, 2026, following the resignation of Ms. Komal Toshniwal from the same position on March 31, 2026. Mr. Venu Gopal Peruri holds 69.78% shareholding in the company.
The Rs. 21 crore borrowing from the MD represents a significant related party transaction requiring shareholder scrutiny. The change in Company Secretary and multiple related party approvals indicate active governance updates, but the concentration of transactions with the MD and his family members may raise independence concerns for minority shareholders.