Announced Sat, 5 Sept · 15:31 IST

42nd AGM notice on Sep 29, 2026; related party deals with NIPL and MD up to Rs 70 cr

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Royal Cushion Vinyl Products 42nd AGM on Sep 29, 2026 at 3:30 PM via video conferencing. E-voting Sep 26 to 28. Resolutions include FY26 audited financials adoption, reappointment of Mr. Jayesh Motasha, and multiple related party deals with Natroyal Industries (NIPL) including land lease with Rs 7.5 cr deposit, goods trade up to Rs 70 cr, corporate guarantee of Rs 9.84 cr, and loans from MD Mr. Mahesh Shah up to Rs 12 cr at max 12 percent interest.

Likely market impact

Shareholders will vote on multiple related party deals with NIPL and MD; large transactions raise governance and cash flow considerations.