StockWatch
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Investment Company
Board Meeting13 Aug 2026, 06:00 pm

Ganges Securities Board 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, a proposal to grant an unsecured loan of up to ₹15,00,00,000/- (Rupees fifteen crores only) to Morton Foods Limited was approved, subject to shareholder approval. The loan is being extended in the ordinary course of business on an arm's length basis. The meeting also included the auditor's limited report on the financial results.

Key Highlights

  • Unaudited financial results for Q1 FY27 approved.
  • Standalone and consolidated results were declared.
  • Board approved a loan of up to ₹15 Cr to Morton Foods Ltd.
  • Loan subject to shareholder approval.
  • Loan extended on an arm's length basis.