Outcome of Board meeting
Awaiting price reaction for this filing.
The board of Radha Madhav Corporation held a meeting on August 29, 2025 and approved several items. Mr. Vijay Patel was re-appointed as a Non-Executive-Non-Independent Director, subject to shareholder approval. The company replaced its Secretarial Auditor — M/s NVB & Associates ceased due to pre-occupation, and DSM and Associates was appointed for a 5-year term from FY2025-26 to FY2029-30. The board approved a related party transaction of Rs. 46.87 Lakhs as an advance to Plug & Play Retail and Distribution Private Limited to venture into the e-commerce platform business. The 21st AGM is scheduled for September 30, 2025 via video conferencing, with the register of members closed from September 24-26, 2025 for the AGM and dividend.
Routine board business with no major negative signals. The change in secretarial auditor and a small related-party advance into e-commerce are minor governance events. Shareholders should watch for the AGM on September 30, 2025 where they can vote on these approvals including the related party transaction.