Board Meeting10 Aug 2026, 05:34 pm
Advance Metering Technology Board Approves Q1 FY26 Results, Director Appointment
AI Summary
Advance Metering Technology Ltd's Board of Directors met on August 10, 2026, approving the un-audited financial results for the first quarter ended June 30, 2026, along with the limited review report. The board also approved the notice for the 15th General Meeting scheduled for September 8, 2026, and the appointment of Mrs. Ameeta Ranade as an Additional Non-Executive Director. Other key approvals included loans/guarantees under Sections 185 and 186 of the Companies Act, 2013, material related party transactions with Industrial Solutions Corporation LLP, and an increase in the Managing Director's remuneration. The meeting commenced at 2:30 PM and concluded at 5:00 PM.
Key Highlights
- Board approved Q1 FY26 un-audited financial results (Standalone & Consolidated).
- Approved appointment of Mrs. Ameeta Ranade as Additional Non-Executive Director.
- Approved loans, guarantees, and security under Companies Act Sections 185 & 186.
- Approved material related party transactions with Industrial Solutions Corporation LLP.
- Approved increase in Managing Director's remuneration.
Price Impact
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