Madhav Marbles Board Approves Financial Results, Director Re-appointments

Madhav Marbles and Granites Limited's Board of Directors met on August 13, 2026, approving standalone and consolidated un-audited financial results for the quarter ended June 30, 2026. The board also approved modifications to limits for material related party transactions with subsidiaries Madhav Ashok Ventures Private Limited and Madhav Natural Stone Surfaces Private Limited, and a joint venture, Madhav Surfaces FZC LLC. Key re-appointments were approved, including Mr. Madhav Doshi (CEO & MD), Mrs. Riddhima Doshi (Whole Time Director), Mr. P Y Venkataraman (Independent Director), Mr. Devendra Manchanda (Independent Director), and Mr. Arumugam Sivadasan (Independent Director). The company also approved the appointment of M/s TM and Associates as Internal Auditors for FY 2026-27 and the notice for the 37th Annual General Meeting. Additionally, acceptance of an unsecured loan of up to INR Six Crores from promoters was approved, subject to shareholder approval. The Nomination and Remuneration Committee was reconstituted.