Business Update29 Jan 2026, 01:41 pm
My Money Securities Ltd Approves Lease and Rent Agreement with Related Parties
AI Summary
My Money Securities Ltd has approved the draft of a lease and rent agreement to be entered with related parties. The agreement involves a security deposit of Rs. 1 crore and a monthly rent of Rs. 50,000 for a period of 11 months. The decision was made in a Board of Directors meeting on January 29, 2026, following shareholder approval received in the AGM dated 28-09-2025. The parties involved are Sanjai Seth and Renu Seth, who are related to the company as Promoter/Director and wife of Promoter/Director, respectively.
Key Highlights
- My Money Securities Ltd approves lease and rent agreement with related parties
- Agreement involves a security deposit of Rs. 1 crore and a monthly rent of Rs. 50,000
- Agreement period is for 11 months
- Decision follows shareholder approval received in the AGM dated 28-09-2025
- Parties involved are Sanjai Seth and Renu Seth