ImportantCompany Update
Satchmo Holdings' shareholders have approved key decisions.
Satchmo Holdings Ltd533202 · Filed with the exchange
Mr. L S Vaidyanathan, holding 139,501 shares, was re-appointed as Whole Time Director (Business Development). Mr. Ramesh Karur Raghavendran was also re-appointed as Whole-time Executive Director Finance & CFO.
Additionally, the company secured approval to invest, lend, and provide guarantees/securities to its subsidiary or other entities.
Future material related party transactions, including sales and services, were also greenlit, up to an aggregate limit of Rs. 10 Cr beyond 10% of its annual consolidated turnover, ensuring operational flexibility.
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