Please find the attached Outcome.
Awaiting price reaction for this filing.
Cresanto Global Ltd's board, on 1st August 2025, approved a proposal and draft scheme for reduction of share capital under Section 66 of the Companies Act, 2013, subject to shareholder and NCLT approval. The board also appointed M/s. Nidhi Bajaj & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30) and Ms. Komal Bajaj as Internal Auditor for FY 2025-26. Material related party transactions worth ₹62.5 crore were approved with five entities controlled by common key management personnel, including Cresanto India Pvt Ltd (₹20 cr), K8 Products LLP (₹20 cr), Tidagela Ventures (₹7.5 cr), KVK Packaging LLP (₹7.5 cr), and Koriander Consultants LLP (₹7.5 cr). The board also approved the FY 2024-25 Board Report, fixed the AGM date, and set book closure dates.
The share capital reduction is a key corporate action that could reduce the share count or face value, affecting per-share metrics - investors should watch for the NCLT scheme details and shareholder voting outcome. The ₹62.5 crore related party transactions are sizeable relative to a small company and warrant close scrutiny, though they are stated to be at arm's length and in the ordinary course of business.