Announced Tue, 11 Nov · 14:19 IST

The board has approved at its meeting held on 11.11.2025, related party transaction entered with M/s. Ankur Foundations Private Limited to leasing of property. The disclosure required under ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The board of Narendra Properties Ltd, at its meeting on November 11, 2025, approved a related party transaction with M/s. Ankur Foundations Private Limited, an entity in which the company's directors are interested. The transaction involves letting out property on rent/lease for a duration of up to 3 years, at Rs. 50,000 per month or such sum as may be decided, subject to overall limits under the Companies Act, 2013. The filing is made under Regulation 30 of SEBI LODR Regulations for disclosure of related party transactions. Additionally, Rishabh Haran was appointed as the new Company Secretary and Compliance Officer with effect from the same date.

Likely market impact

This is a routine regulatory disclosure of a small-value related party transaction (Rs. 50,000/month) and is unlikely to have any material impact on the company's financials or share price. Investors should note the existence of related party dealings with director-interested entities.