AGM/EGM5 Jun 2026, 04:20 pm
Fynx Capital Schedules EGM for Related Party Transaction Approval
AI Summary
Fynx Capital Limited (formerly Rajath Finance Limited) has announced an Extraordinary General Meeting (EGM) to be held on June 29, 2026. The primary agenda item is the approval of a related party transaction with M/s. Parshwashanti Buildinfra Projects Private Limited. This transaction involves rent charges for office premises amounting to ₹45,00,000/- and is not on an arm's length basis, but considered in the ordinary course of business. The company is seeking shareholder approval for this arrangement, which is for a period of one year.
Key Highlights
- EGM scheduled for June 29, 2026, to approve related party transaction.
- Transaction involves rent charges of ₹45 Lakhs with Parshwashanti Buildinfra.
- Transaction is not arm's length but in the ordinary course of business.
- Approval sought for a period of one year.
- Company was formerly known as Rajath Finance Limited.
Price Impact
More from RAJATH