
Board Meeting15 Jul 2026, 06:40 pm
Shah Foods Board Approves Loan Advancements and Office Shift
AI Summary
Shah Foods Limited's Board of Directors has approved several key proposals, including the advancement of loans, guarantees, and securities under Section 185 of the Companies Act, 2013. They also approved material related party transactions under Section 188 and SEBI Listing Regulations. A significant decision was the approval to shift the company's registered office from Gujarat to West Bengal. Furthermore, the Board approved a Postal Ballot Notice for various appointments, including Mr. Anuj Jalan as Chairman and Managing Director, and other directors. The notice also covers the approval for the change of the company's name and the shifting of its registered office.
Key Highlights
- Board approved loan advancements, guarantees, and securities under Section 185.
- Material related party transactions approved, subject to shareholder consent.
- Proposal to shift registered office from Gujarat to West Bengal approved.
- Appointments of Chairman, MD, and other directors approved via Postal Ballot.
- Approval for change of company name also passed by the Board.
Price Impact
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