Date: August 12, 2026
Board Meeting Outcomes
- The Board of Directors considered and approved Eterna Living Private Limited's request for extension of repayment timeline for outstanding amount under the Refund and Settlement Agreement dated 27 March 2026.
- Eterna had paid ₹15,00,000 upon agreement execution with balance amount of ₹35,11,15,047 payable on or before 26 September 2026.
- Eterna requested extension up to 31 March 2027 for payment of outstanding amount and submitted a cheque of ₹8,00,00,000 as part-payment.
- Upon realization and adjustment of ₹8 crore part-payment, the balance amount payable would be ₹27,11,15,047.
- The Board approval is subject to approval of Members at the ensuing Annual General Meeting.
- The extension will become effective only upon shareholder approval and execution of appropriate amendment/addendum to the Refund and Settlement Agreement.
Other Operational / Legal / Strategic Disclosures
- The necessary resolution seeking member approval will be included in the Notice of the ensuing Annual General Meeting.
- The disclosure is made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Financial Results (Standalone & Consolidated)
Not Specified
Disinvestment / Strategic Actions
Not Specified