STOCKWATCH
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Water Supply & Management
Legal22 Jul 2025, 05:30 pm

JITF Infralogistics Ltd. Approves Material Related Party Transactions with Subsidiaries

AI Summary

JITF Infralogistics Ltd. held an Extra Ordinary General Meeting on 23rd June 2025, where they approved Material Related Party Transactions with their subsidiaries, Siddeshwari Tradex Private Limited, JITF Commodity Tradex Limited, and SPML Infra Limited. The transactions are for availing financial services and other transactions for business purposes, with a total aggregate value of up to Rs 6500 crore for the financial year 2025-2026 and Rs 7000 crores for the financial year 2026-2027. The transactions are subject to being carried out at arm's length and in the ordinary course of business. The Board was authorized to delegate powers to any Director(s), Key Managerial Personnel(s), or any other Officer(s) or Authorised Representative(s) of the Company.

Key Highlights

  • Approval of Material Related Party Transactions with Siddeshwari Tradex Private Limited for up to Rs 6500 crore for FY2025-2026 and Rs 7000 crores for FY2026-2027.
  • Approval of Material Related Party Transactions with JITF Commodity Tradex Limited for up to Rs 1500 crore for FY2025-2026 and Rs 2000 crores for FY2026-2027.
  • Authorization of the Board to delegate powers to any Director(s), Key Managerial Personnel(s), or any other Officer(s) or Authorised Representative(s) of the Company.
JITFINFRA
Water Supply & Management
JITF Infralogistics Ltd

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