AGM/EGM8 Sept 2026, 07:32 am
Econo Trade holds 43rd AGM, approves related party transactions
AI Summary
Econo Trade (India) Ltd held its 43rd Annual General Meeting (AGM) on September 29th, 2026, through Video Conferencing. The meeting covered the financial year 2025-26. Key resolutions included the adoption of audited financial statements, re-appointment of a director, and approval for material related party transactions. Shareholders approved loan facilities up to ₹25 Crore with Econo Broking Pvt Ltd and up to ₹20 Crore with Sai Metaltech LLP for the financial year 2026-27, ensuring these are at arm's length and in the ordinary course of business.
Key Highlights
- 43rd AGM held on September 29th, 2026, via VC/OAVM.
- Audited financial statements for FY 2025-26 adopted.
- Mr. Abbas Mustufa Rupawala re-appointed as Director.
- Loan facility up to ₹25 Cr approved with Econo Broking.
- Loan facility up to ₹20 Cr approved with Sai Metaltech LLP.
Price Impact
More from ETIL