AGM approves INR 70 Cr director loans and office shift to UP
NIKITA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250, 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.
At the 37th AGM on September 30, 2026, shareholders approved Material Related Party Transactions for loans from certain Directors up to INR 70 Crores, with possible conversion into equity. Also approved: re-appointment of Mr. Ayush Bansal as Whole-Time Director and Mrs. Sandhya Bansal as Executive Director for 5 years, expansion of MOA business scope covering recycling, EPR, electricity and gas by-products, and shifting of registered office from Delhi to Uttar Pradesh.
Potential equity dilution if director loans convert. Business expansion and office shift signal strategic growth focus.