Key Approvals and Resolutions
The shareholders at the 36th Annual General Meeting held on August 4, 2026 (from 11:30 AM to 1:13 PM) considered and approved the following resolutions:
- Re-appointment of Shri Hitesh Joshi (DIN: 09322218) as a Non-Executive Director
- Re-appointment of Smt. Rajeshwari Singh Muni (DIN: 09794972) as a Non-Executive Director
- Re-appointment of Shri Sunil Kakar (DIN: 03055561) as an Independent Director
- Approval for Material Related Party Transactions with Promoter Companies up to an aggregate limit of ₹1,000 crores
- Approval for Private Placement of Redeemable Non-Convertible Debentures (NCDs)/Bonds up to an aggregate outstanding limit of ₹2,500 crores
Regulatory References and Previous Communications
The company referenced SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 regarding director appointments/re-appointments. The details had been previously intimated via letter dated May 15, 2026.
Financial Implications
The approvals authorize:
- ₹1,000 crore limit for material related party transactions with promoter companies
- ₹2,500 crore fundraising capacity through private placement of NCDs/Bonds
This disclosure serves as formal intimation to BSE Limited for information and record purposes.