31st AGM minutes filed: dividend declared, all 6 resolutions approved
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.1 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Narendra Properties filed minutes of its 31st AGM held on 29 September 2026 via video conferencing, with 23 members attending. All 6 resolutions passed with over 99 percent votes in favour. Key items: dividend of Re. 1 per share (4th consecutive year), re-appointment of Nishank Sakariya and Kavita Patel as directors, remuneration approval for Sakariya up to Rs. 2.5 lakh per month in 2027, and board authorization under Section 186 for investments, loans and guarantees up to Rs. 50 Crores. Auditor's report was clean with no modifications. The NPL Grand Melody project completed during FY26 with all apartments sold.
Routine compliance filing with no surprises. Continued dividend signals stable payouts, while fresh Rs 50 Crore investment headroom may hint at near-term growth plans.