
Board Meeting13 Apr 2026, 07:21 pm
Ramsons Projects Board Approves ₹2.7 Cr ICD, Reserve Transfer
AI Summary
Ramsons Projects Ltd's Board of Directors, at its meeting on April 13, 2026, approved an Inter-Corporate Deposit (ICD) of ₹2.70 Crores to JSPL Estates Private Limited for general corporate purposes. Additionally, the Board sanctioned the transfer of the entire balance of Statutory Reserve under Section 45-IC of the RBI Act, 1934, to the Company's General/Free Reserves, following the voluntary surrender of its NBFC Certificate of Registration. The Board also re-appointed M/s. K.K. Singh & Associates as the Secretarial Auditors for the financial year 2025-26.
Key Highlights
- Board approved an Inter-Corporate Deposit of ₹2.70 Crores to JSPL Estates Private Limited.
- Statutory Reserve under Section 45-IC of RBI Act transferred to General/Free Reserves.
- Re-appointed K.K. Singh & Associates as Secretarial Auditors for FY 2025-26.
Price Impact
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