PARSVNATHNSEParsvnath Developers Limited· ConstructionMediumNeutral
Announced Mon, 30 Jun · 11:33 IST

Revised proceedings of Extra Ordinary General Meeting

Board & Shareholder Meetings View source PDF

PARSVNATH · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Parsvnath Developers held an Extra Ordinary General Meeting (EGM) on June 27, 2025, via video conferencing, with 65 members in attendance. Four resolutions were put to members' approval: (1) an Ordinary Resolution to appoint Mr. Ramesh Chand Gupta as an Independent Director, and (2-4) three Special Resolutions to approve the remuneration of Mr. Pradeep Kumar Jain (Chairman), Mr. Sanjeev Kumar Jain (Managing Director & CEO), and Mr. Rajeev Jain (Director – Marketing). The meeting provided remote e-voting and e-voting during the meeting, with Mr. Ashok Tyagi of VKC & Associates appointed as the Scrutinizer. The final voting results were to be submitted separately within the regulatory timeframe upon receipt of the Scrutinizer's Report. This is a revised version of the original proceedings submission.

Likely market impact

These are routine corporate governance items, but the revised filing and pending voting results mean shareholders should watch for the Scrutinizer's Report to confirm outcomes. Approval of senior executive remuneration and a new Independent Director could have mild implications for governance and future board composition.