AGM/EGM12 Jun 2026, 04:29 pm
Madhav Marbles to hold EGM on July 6 for Related Party Transactions
AI Summary
Madhav Marbles & Granites Ltd announced that its Board of Directors has approved a notice for an Extra-Ordinary General Meeting (EGM) to be held on July 6, 2026, at 11:30 AM via Video Conferencing. The primary purpose of the EGM is to seek shareholder approval for material related party transactions with Madhav Ashok Ventures Private Limited (MAVPL), a subsidiary. The aggregate outstanding amount for these transactions is capped at INR 50 Crores. The EGM notice will be sent electronically to shareholders and will be available on the company's website.
Key Highlights
- EGM scheduled for July 6, 2026, to approve related party transactions.
- Transactions are with subsidiary Madhav Ashok Ventures Private Limited (MAVPL).
- Aggregate transaction limit set at INR 50 Crores.
- Approval sought under SEBI LODR Regulations and Companies Act, 2013.
- Meeting to be conducted via Video Conferencing/OAVM.
Price Impact
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