
Board Meeting4 Sept 2026, 06:50 pm
Mount Housing Board Approves AGM, MD/WTD Appointments, and New Contract
AI Summary
Mount Housing and Infrastructure Limited's Board of Directors met on September 4, 2026, approving key decisions including the convening of the 31st Annual General Meeting (AGM) on September 29, 2026. The Board also approved the appointment of Mr. Ramesh Chand Bafna as Managing Director and Mr. Kalpesh Bafna as Whole-Time Director, both for five-year terms starting September 4, 2026, subject to member approval. Additionally, the company approved a new contractual arrangement with M/s. White Ink for architectural and design services for a monthly retainership fee of ₹4,50,000 plus taxes and project charges. The Board's Report for the financial year ended March 31, 2026, was also approved.
Key Highlights
- 31st AGM scheduled for September 29, 2026.
- Ramesh Chand Bafna appointed Managing Director for five years.
- Kalpesh Bafna appointed Whole-Time Director for five years.
- New architectural and design services contract approved.
- Board's Report for FY26 approved.
Price Impact
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