Sulabh Engineers: Related Party Transactions & MD Re-appointment Approved

Sulabh Engineers & Services Ltd. announced that its members, at the 43rd Annual General Meeting held on September 28, 2026, approved two key proposals. Firstly, related party transactions with a subsidiary were sanctioned. These transactions, valued up to ₹2 crores for FY 2026-27, are in the ordinary course of business and at arm's length, aiming to enhance operational flexibility and ensure robust corporate governance. Secondly, the re-appointment of Mr. Vimal Kumar Sharma (DIN: 00954083) as the Managing Director of the company was also approved. Mr. Sharma brings over 35 years of experience in the securities market and financial investments to the role.