Board Meeting28 May 2026, 11:21 pm
Board approves FY26 Audited Results; discusses RPT, CIRP
AI Summary
The Board of Directors of Shanti Spintex Limited convened on May 28, 2026, to consider and approve several key matters. The board approved the audited standalone and consolidated financial results for the financial year ended March 31, 2026. Additionally, they approved Related Party Transactions for FY2026-27 and authorized participation in consortiums and bidding processes for Corporate Insolvency Resolution Processes (CIRP) before NCLT. The board also reviewed the Corporate Social Responsibility (CSR) spending and the Internal Audit Report for FY2026.
Key Highlights
- Board approved audited standalone and consolidated financial results for FY2026.
- Related Party Transactions for the financial year 2026-27 were approved.
- Company approved participation in Corporate Insolvency Resolution Processes (CIRP).
- CSR spending and Internal Audit Report for FY2026 were reviewed.
Price Impact
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