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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved the Directors Report, Management Discussion Analysis, and Corporate Governance Report for FY 2024-25, and finalised the date and notice for the 11th Annual General Meeting. It appointed Brajesh Gupta & Co as Secretarial Auditor for five years (FY 2025-26 to 2029-30) and recommended regularization of R Daga & Company as Statutory Auditors. Mrs. Payal Vatsal Thakkar was appointed as Additional Executive Director (Woman Director) for five years, while Independent Director Mrs. Muskan Rana resigned effective from the conclusion of the AGM. The board also approved proposals to raise the borrowing limit under Section 180(1)(C) to up to Rs. 50 crore, increase Related Party Transaction limits to Rs. 50 crore, and expand permissible investment limits for NRIs and Foreign Portfolio Investors, all subject to shareholder approval.
Routine AGM housekeeping with no immediate material impact on shareholders; the proposed increase in borrowing capacity to Rs. 50 crore and RPT limits to Rs. 50 crore signals potential future fundraising or related-party deals, which investors should watch for at the AGM.