
AGM/EGM25 Sept 2026, 04:42 pm
Annvrridhhi Ventures Adds Related Party Transactions to AGM Notice
AI Summary
Annvrridhhi Ventures Ltd has issued an addendum to its 46th Annual General Meeting (AGM) notice, scheduled for September 30, 2026. The addendum incorporates a new special business item (Item No. 5) to approve material related party transactions. These transactions, involving personal guarantees and property mortgages, are proposed with key individuals including directors and promoters, with individual values up to ₹50 crores. The omnibus approval sought is for the period October 1, 2026, to September 30, 2027, and will be conducted in the ordinary course of business on an arm's length basis, subject to shareholder approval.
Key Highlights
- AGM notice updated to include material related party transactions.
- Transactions involve personal guarantees and property mortgages.
- Approvals sought for transactions with directors and promoters.
- Aggregate value of transactions not exceeding specified limits.
- Transactions to be in ordinary course of business and arm's length.
Price Impact
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