Madhav Marbles and Granites Ltd (MADHAV)
·Next Day Close·-1.1%·₹36
Key EventShareholders to vote on financial assistance up to Rs. 200 crore and related party loan approvals.
Madhav Marbles and Granites Ltd (MADHAV)
·Next Day Close·-1.1%·₹36
Key Event37th AGM scheduled for September 30, 2026
ImpactShareholders must verify their email registration to receive the Annual Report electronically.Sign up to read impact
Madhav Marbles and Granites Ltd (MADHAV)
·Next Day Close·+5.35%·₹36.4
Key Event37th AGM reappointed directors and approved FY2025-26 financials
ImpactShareholders approved director reappointments and financials, signaling governance continuity and focus on sustainable value creation amid market challenges.Sign up to read impact
Madhav Marbles and Granites Limited (MADHAV)
·Next Day Close·+5.37%·₹35.9
Key EventBoard approved Q1 FY2026 results and related party transaction modifications
ImpactThe company posted a consolidated net loss with negative EPS, and related party transaction limits were adjusted pending shareholder approval at the next AGM.Sign up to read impact
Madhav Marbles and Granites Limited (MADHAV)
·Next Day Close·+5.37%·₹35.9
Key EventBoard approves Q1 FY2026 results and management changes
ImpactThe company posted a small consolidated loss with negative EPS, and the auditor flagged risks around asset valuations and regulatory disclosures.Sign up to read impact
Madhav Marbles and Granites Limited (MADHAV)
·Next Day Close·-5.54%·₹34.61
Key EventClarification issued on audit statement designation error
ImpactThe clarification resolves the audit statement formatting issue without altering financial or operational outcomes.Sign up to read impact
Madhav Marbles and Granites Limited (MADHAV)
·Next Day Close·-1.37%·₹36
Madhav Marbles and Granites reported a consolidated net loss of Rs 148.39 lakhs for FY2025, down from a profit of Rs 75.11 lakhs in the prior year, driven by audit qualifications related to impaired subsidiary investments and loans. The company disclosed that its subsidiary's net worth was fully eroded, but no impairment assessment or provision was made, leaving potential adjustments uncertain. Management remains optimistic about future recovery, citing anticipated US tariff benefits and plans for additional funding, though it acknowledged the need for further restructuring and operational improvements to stabilize the subsidiary's financial position.
Sign up to read summaryMadhav Marbles and Granites Limited (MADHAV)
·Next Day Close·+2.49%·₹37.41
Madhav Marbles and Granites Limited announced an Extraordinary General Meeting on July 6, 2026, to seek shareholder approval for three material related party transactions capped at INR 50 crores, INR 40 crores, and INR 10 crores with affiliated entities. The EGM will be conducted via video conferencing, requiring approval to enter transactions on an arm's length basis and in the ordinary course of business. Shareholders will vote electronically through CDSL, with detailed procedures outlined for remote participation and proxy restrictions.
Sign up to read summaryMadhav Marbles and Granites Limited (MADHAV)
·Next Day Close·+2.49%·₹37.41
Madhav Marbles and Granites Limited announced an EGM on July 6, 2026, to seek shareholder approval for three material related party transactions totaling up to INR 100 crores with affiliated entities, including a subsidiary and an associate. The meeting will be held via video conferencing, with remote e-voting open from July 3 to 5, 2026, and will dispense with proxy voting under regulatory provisions. Shareholders must register via their Depository Participant to access the e-voting platform operated by CDSL, and only the first-named joint holder may vote in joint accounts. The EGM will include resolutions authorizing the Board to enter into and delegate authority over these transactions on an arm's length basis, with a scrutiner appointed to submit a report within two days of the meeting.
Sign up to read summaryMadhav Marbles and Granites Limited (MADHAV)
·Next Day Close·-4.81%·₹37.76
Madhav Marbles and Granites Limited disclosed encumbered shares held by promoters as of March 31, 2026 under SEBI takeover regulations. The filing confirms promoter encumbrance details for regulatory compliance and transparency in shareholding structure.
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