Announced Thu, 17 Sept · 19:24 IST

78th AGM: All 7 resolutions passed, including borrowing limit hike and MD related party deal

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

78th AGM held on Sep 16, 2026 via video conferencing. All 7 resolutions passed with over 99.6 percent approval. Key items: adoption of FY26 financials, re-appointment of director Vinay Kumar Singh, appointment of new statutory auditor J.C. Bhalla, increase in borrowing limits, enhance Section 186 investment limits, and material related party transaction with MD Vinay Kumar Singh.

Likely market impact

Routine AGM with all resolutions passing easily. Higher borrowing and investment limits plus RPT clearance may signal upcoming fund raising or expansion plans.