Board Meeting Details

The Board of Directors of Tradewell Holdings Limited held a meeting on Friday, September 04, 2026, and approved two items related to remuneration of Mr. Kamal Manchanda, Whole-time Director.

Approved Items

1. Agenda Item 3: Approval and Ratification of Remuneration Paid to Mr. Kamal Manchanda for Financial Year 2025-26 under Schedule V, Part II, Section II of the Companies Act, 2013

  • Amount: ₹18,00,000
  • Period: FY 2025-26
  • Reason: Remuneration paid under Schedule V due to inadequate profits/loss

2. Agenda Item 4: Approval and Ratification of Remuneration to Mr. Kamal Manchanda in excess of limits prescribed under Section 197 of the Companies Act, 2013

  • Amount: ₹18,00,000
  • Period: FY 2026-27 and balance tenure
  • Reason: Remuneration exceeds applicable limit under Section 197(1), based on Section 198 net profits

Director Details

  • Name: Mr. Kamal Manchanda
  • Designation: Whole-time Director
  • DIN: 00027889

Approval Requirements

Both approvals are subject to ratification by members at the ensuing Annual General Meeting (AGM) of the company.