Kundan Minerals and Metals Limited — Others, 09-12-2024: Shareholders meeting

Kundan Minerals and Metals Limited convened its 1st Adjourned Extra Ordinary General Meeting, where a quorum was established later than planned. Key points discussed included proposed borrowing limits, creation of mortgage charges, increased thresholds for loans and guarantees, related party transactions, and appointments of new directors. The latter included Mr. Udit Garg as well as the regularization of Mr. Varun Gupta and Ms. Shefali Kesarwani's positions. The e-voting facility was utilized, with results to be posted on the company’s website. This proactive governance strategy signals a potential positive outlook for investor sentiment.