SONALBSESONAL MERCANTILE LTD.LowNeutral
Announced Wed, 30 Sept, 2026 · 16:49 IST

41st AGM proceedings - financials adopted, RPT up to Rs 250 crore approved

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Sonal Mercantile held its 41st AGM on September 30, 2026 via video conferencing. Members adopted audited financial statements for FY ending March 31, 2026. Mr. Rajan Goyal (DIN 02600825) was re-appointed, retiring by rotation. Members approved material related party transactions with associate Rudraveerya Developers Ltd, capped at Rs 250 crore till the 42nd AGM. Voting results due within 48 hours.

Likely market impact

Routine AGM. Key item: Rs 250 crore related party transaction approval with associate company. Voting results pending.