The Board meeting is scheduled for Thursday, November 12, 2026. The primary agenda includes examining and discussing the views and concerns expressed by investors in relation to the recent decline in the market price of the company's equity shares.
The Board will consider appropriate measures for reinforcing investor confidence and enhancing long-term shareholder value. Specific measures under consideration include:
- A proposal for buy-back of fully paid-up equity shares of the Company
- Payment of interim dividend
- Any other measure that will meet the objectives of reinforcing investor confidence
The company explicitly states that the proposal is subject to consideration and approval by the Board, and no decision has been taken in this regard as of November 6, 2026.
In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct, the trading window for dealing in the securities of the Company shall remain closed for designated persons and their immediate relatives. The closure will remain effective until 48 hours after the disclosure of the outcome of the Board Meeting.
The disclosure was signed by Sangeeta Shetty, Company Secretary (ACS 18865), and digitally signed by Sangeeta Mukesh Shetty on November 6, 2026 at 18:05:09 IST.