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Mangalam Industrial Finance informs about outcome of board meeting

10 Mar 2025 Evaluate
Mangalam Industrial Finance has informed that the Board of Directors of the Company at its meeting held today, Monday, 10th March, 2025, has discussed, approved, and taken on record the following matter: Based on recommendation of the Audit Committee, the Material Related Party Transaction(s) under Section 188 of The Companies Act, 2013(The Act) and Regulation 23 of SEBI (LODR) Regulations, 2015 and IND AS 24, Subject to the approval of the Shareholders at the ensuing General Meeting of the Company, (Whether single/ multiple tranches & single/multiple times during the Financial year 2025-26, 1st April 2025 to 31st March 2026; Appointment of Kamal A. Lalani, Peer Reviewed Practicing Company Secretary, as Secretarial Auditor of the Company, pursuant to the provisions of Regulation 24A of Listing Regulations, as amended (SEBI Listing Regulation) and Section 204 of the Companies Act, 2013 read with Rule 8 of the Companies (Meetings of Board and its powers) Rules, 2014 and based on the recommendation of the Audit Committee and as per the approval of the Directors of the Company, for undertaking the Secretarial Audit of the Company for the one term of first five (5) Consecutive years, for the Financial Year with effective from 01st April, 2025 to 31st March, 2030, subject to Shareholders approval in ensuing Annual General Meeting of the Company. Details with respect to Regulation 30 read with Para A(7) of Part A of Schedule III of the Listing Regulations vide its Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 is enclosed provided in Annexure-A.

The above information is a part of company’s filings submitted to BSE.

Mangalam Indl. Fin. Share Price

0.71 -0.03 (-4.05%)
21-Apr-2026 16:59 View Price Chart
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