Parsvnath Developers Limited has informed the Exchange with copy of minutes of Extraordinary General Meeting held on Jun 27, 2025
PARSVNATH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Parsvnath Developers filed the certified minutes of its EGM held on June 27, 2025, via video conferencing. Four special business resolutions were passed with overwhelming shareholder approval (over 99.97% in favor on each). These included the appointment of Mr. Ramesh Chand Gupta as an Independent Director for a five-year term (March 29, 2025 to March 28, 2030), and approval of remuneration for three whole-time directors: Chairman Mr. Pradeep Kumar Jain (up to Rs. 60 lakh per annum), MD & CEO Mr. Sanjeev Kumar Jain (up to Rs. 48 lakh per annum), and Director (Marketing) Mr. Rajeev Jain (up to Rs. 36 lakh per annum), all effective from April 1, 2025 to March 31, 2027. E-voting results were declared on June 30, 2025, with 65 members attending the meeting remotely.
This is a routine regulatory filing confirming previously approved corporate actions. Shareholders have endorsed the board composition and executive pay packages, which involve the promoter-led Jain family. The resolutions were passed with near-unanimous support, indicating no significant shareholder dissent on governance or pay decisions.