Board Meeting2 Sept 2026, 03:05 pm
Equilateral Enterprises Board Approves Re-appointments, Related Party Transaction
AI Summary
Equilateral Enterprises Limited's Board of Directors met on September 02, 2026, approving several key matters. The board recommended the re-appointment of Mr. Kartik Sharadkumar Mehta and Mr. Pratik Kumar Sharadkumar Mehta as Managing Director. A material related party transaction of up to ₹100.00 crores was approved, pending shareholder consent. The re-appointment of M/s. SSRV and Associates as statutory auditors for a five-year term was also recommended. The board finalized the date for the 39th Annual General Meeting, including arrangements for e-voting and authorized directors to oversee the process.
Key Highlights
- Board recommended re-appointment of directors and Managing Director.
- Approved material related party transaction up to ₹100 crores.
- Recommended re-appointment of statutory auditors for five years.
- Fixed date for 39th Annual General Meeting and e-voting process.
- Adopted Directors Report, MD&A, and Corporate Governance Report for FY26.
Price Impact
More from EQUILATERA