AGM/EGM3 Oct 2026, 02:00 pm
Tradewell Holdings Ltd: AGM Approves Director Remuneration
AI Summary
Tradewell Holdings Ltd announced that its 32nd Annual General Meeting (AGM), held on September 30, 2026, saw members approve the remuneration paid to Mr. Kamal Manchanda, Whole-time Director, for FY 2025-26 and for FY 2026-27. The approval covers remuneration paid under Schedule V due to inadequate profits for FY 2025-26 and remuneration exceeding limits prescribed under Section 197 of the Companies Act, 2013 for FY 2026-27 and balance tenure. The remuneration for both periods was ₹18,00,000.
Key Highlights
- AGM approved remuneration for Whole-time Director Mr. Kamal Manchanda.
- Remuneration for FY 2025-26 approved under Schedule V.
- Remuneration for FY 2026-27 exceeds Section 197 limits.
- Total remuneration approved for each period is ₹18,00,000.
Price Impact
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