Board Meeting17 Mar 2026, 05:01 pm
Saptak Chem And Business Ltd. Announces Key Approvals and Appointments in Board Meeting
AI Summary
Saptak Chem And Business Ltd. held a Board Meeting on March 17, 2026, approving various matters in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approvals include granting loans and investments, entering into transactions, and regularizing appointments of several directors. The company also approved the appointment of Mr. Ayush Vinod Kumar Tated as Managing Director and Executive Director, subject to shareholder approval. Additionally, the Board approved the appointment of Mrs. Rupal Patel as the Scrutinizer for the postal ballot and reconstituted various committees. The meeting commenced at 01.30 p.m. and concluded at 04.45 p.m.
Key Highlights
- Approval to grant loan and investment and giving guarantee by company under Section 186 of the Companies Act, 2013
- Approval to enter into Transactions under Section 185 of the Companies Act, 2013
- Approval for Related Party Transactions
- Regularization of appointments of several directors
- Appointment of Mr. Ayush Vinod Kumar Tated as Managing Director and Executive Director
- Appointment of Mrs. Rupal Patel as the Scrutinizer for the postal ballot
- Reconstitution of various committees