Announced Tue, 7 Jul · 15:38 IST
Postal ballot on related party deals and director pay
Management Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.4%1-day move
₹8.62
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.4-0.1+0.2-7.3-5.2-7.7————
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AI summary
Trescon seeks shareholder approval via postal ballot (e-voting Jul 8 to Aug 6, 2026) on 3 items: (1) material related party transactions of around Rs 140 crore across 5 related parties including investments, capital contributions and borrowing; (2) continuation of MD Dinesh Patel's pay, Rs 3 lakh min to Rs 25 lakh max per year, for FY26-27 and FY27-28; (3) same for Whole-Time Director Kishor Patel. Promoters and directors will not vote on item 1.
Likely market impact
Shareholders should review the Rs 140 crore related party deals and director pay continuation. Voting via e-voting from Jul 8 to Aug 6, 2026.