Radha Madhav Corporation Limited has informed the Exchange regarding Outcome of Board Meeting held on August 29, 2025.
Awaiting price reaction for this filing.
The Board approved the re-appointment of Mr. Vijay Patel as a Non-Executive-Non-Independent Director, liable to retire by rotation. M/s NVB & Associates ceased as Secretarial Auditor due to pre-occupation, and DSM and Associates was appointed as the new Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), subject to shareholder approval. A Related Party Transaction involving an advance of Rs. 46.87 Lakhs to Plug & Play Retail and Distribution Private Limited was approved as part of the company's move into an e-commerce platform. The 21st Annual General Meeting is scheduled for September 30, 2025, with the record date set as September 23, 2025 for dividend eligibility. The trading window for designated persons reopens on September 1, 2025.
Routine board housekeeping: the secretarial auditor change is a mid-term swap for a larger firm, while the related party advance is small (Rs. 46.87 Lakhs) and signals a tentative entry into e-commerce. Shareholders should watch the September 30 AGM for dividend confirmation and approval of the RPT.