
Board Meeting13 Aug 2026, 05:21 pm
Ganges Securities Approves Unaudited Results, ₹15 Cr Loan
AI Summary
Ganges Securities Ltd announced the outcome of its Board Meeting held on August 13, 2026. The board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. Additionally, the company proposed to grant an unsecured loan of up to ₹15,00,00,000 (Rupees fifteen crores) to Morton Foods Limited, subject to shareholder approval. The loan is stated to be in the ordinary course of business and on an arm's length basis. The meeting commenced at 3:00 p.m. and concluded at 5:00 p.m.
Key Highlights
- Board approved unaudited financial results for Q1 FY27.
- Company proposed unsecured loan of up to ₹15 Cr to Morton Foods.
- Loan subject to shareholder approval.
- Loan is in ordinary course of business and arm's length.
- Meeting held on August 13, 2026.
Price Impact
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