Board Meeting14 Jul 2026, 05:20 pm
Peninsula Land Board Approves Material Related Party Transaction
AI Summary
Peninsula Land Ltd's Board of Directors, in a meeting held on July 14, 2026, approved a material related party transaction. The transaction involves the end-to-end development and management by the company of a residential project on property owned by Mr. Jaydev Mukund Mody and/or related entities. This approval is subject to further shareholder approval and will be detailed in the notice for the upcoming Annual General Meeting. The board meeting commenced at 4:30 PM and concluded at 4:46 PM.
Key Highlights
- Board approved material related party transaction(s).
- Transaction involves property development with Mr. J.M. Mody.
- Shareholder approval is required for the transaction.
- Details will be provided in the AGM notice.
- Board meeting held on July 14, 2026.
Price Impact
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