
Board Meeting13 Apr 2026, 07:31 pm
Ramsons Projects Board Approves ₹2.7 Cr ICD, Reserve Transfer, Auditor Re-appointment
AI Summary
Ramsons Projects Limited's Board of Directors, at its meeting on April 13, 2026, approved several key matters. The board sanctioned an Inter-Corporate Deposit (ICD) of ₹2.70 Crores to JSPL Estates Private Limited for general corporate purposes. Additionally, following the voluntary surrender of its NBFC Certificate of Registration, the company approved the transfer of its entire Statutory Reserve under Section 45-IC of the RBI Act, 1934, to its General/Free Reserves. 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.
- M/s. K.K. Singh & Associates re-appointed as Secretarial Auditors for FY 2025-26.
Price Impact
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