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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Engineering And Projects Ltd (MEAPL) held a board meeting on March 24, 2026, with three key outcomes. First, Mrs. Devanshi Kevin Shah, an Associate Member of ICSI with experience in corporate governance and SEBI LODR compliance, was appointed as the new Company Secretary and Compliance Officer effective March 24, 2026. Second, the board approved availing an Inter-Corporate Deposit (ICD) of ₹9.5 crores (Nine Crores Fifty Lakhs) from Jetra Infrastructure Private Limited, a member of the Corporate Promoter Group. The transaction is classified as a related party transaction but is non-material, in the ordinary course of business, and conducted at arm's length. Third, the Stakeholders Relationship Committee was reconstituted effective March 13, 2026, with Shivratan Krishnakumar Agarwal as Chairperson and Radheshyam Laxmanrao Mopalwar and Vaishali Sahebrao Mulay as Members.
For shareholders, the appointment of a new Company Secretary strengthens compliance functions, while the ₹9.5 crore ICD from a promoter-group entity signals continued financial support from insiders at arm's length terms. Neither item is likely to cause immediate stock price movement, though the related-party borrowing may be monitored for future debt levels.