Board Meeting19 Oct 2026, 06:30 pm
Indiqube Spaces Ltd: Board Approves ₹35 Cr Investment in SaiEdge Realty
AI Summary
Indiqube Spaces Limited announced the outcome of its Board Meeting held on October 19, 2026. Key decisions included accepting the resignation of Independent Director Mr. Avalur Gopalaratnam Muralikrishnan and appointing Mr. Ishwar Subramanian as Additional Director (Independent Director). The Board also approved an investment of up to ₹35 crore in SaiEdge Realty Private Limited, acquiring up to 49% of its share capital. The Audit Committee composition was reconstituted following the director changes.
Key Highlights
- Board accepted resignation of Independent Director.
- Appointed Mr. Ishwar Subramanian as Additional Independent Director.
- Approved investment of up to ₹35 crore in SaiEdge Realty.
- Reconstituted the Audit Committee.
- Shareholder approval sought for director appointment.
Price Impact
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