StockWatch
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Healthcare Service Provider
Board Meeting28 Sept 2026, 05:40 pm

Samsrita Labs Board Approves Related Party Transactions & Loan

AI Summary

Samsrita Labs Limited's Board of Directors met on September 28, 2026, approving several material related party transactions with S Labs Hygiene Care Private Limited. These include an investment of up to ₹1 Crore in Compulsory Convertible Preference Shares (CCPS) and sale transactions up to ₹25 Crores. The board also approved availing an unsecured working capital loan of up to ₹1 Crore from Mr. Ravikanth Naga Pattabhi Chopperla, a Non-Executive Director. All these transactions are subject to shareholder approval. Additionally, the company scheduled its Extra-Ordinary General Meeting for FY 2026-27 for October 26, 2026.

Key Highlights

  • Board approved investment up to ₹1 Cr in S Labs Hygiene Care via CCPS.
  • Board approved sale transactions up to ₹25 Cr with S Labs Hygiene Care.
  • Board approved unsecured loan of up to ₹1 Cr for working capital.
  • All transactions require prior shareholder approval.
  • EGM scheduled for October 26, 2026.