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- Important
- Financial Update
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Madhav Marbles and Granites Limited has announced a board meeting on December 9, 2024, to seek shareholder approval for the appointment of Mr. Devendra Manchanda as an Independent Director for a two-year term starting November 1, 2024. Additionally, shareholders will vote on material related party transactions that exceed purchase thresholds, particularly involving Madhav Ashok Ventures and its subsidiaries. The board views these steps as strategic moves to enhance management and governance. This development could positively influence investor sentiment, reflecting a commitment to strong corporate governance and business expansion.