AGM/EGM29 May 2026, 09:21 pm
Popular Foundations EGM on 20 Jun 2026
AI Summary
Popular Foundations Ltd has announced an Extraordinary General Meeting (EGM) to be held on June 20, 2026, via video conferencing. The agenda includes the appointment of Ms. Umaa Sharvani as an Independent Director for a 5-year term and the re-appointment of Mr. A S Venkatesh as the Managing Director for a 3-year term with a salary of ₹7,50,000 per month plus performance allowance.
Key Highlights
- EGM scheduled for June 20, 2026, via video conferencing.
- Umaa Sharvani to be appointed as Independent Director.
- A S Venkatesh to be re-appointed as Managing Director.
- Managing Director's salary set at ₹7,50,000 per month.
- MD's performance allowance capped at ₹15 Lakhs p.a.
Price Impact
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