Madhav Marbles and Granites Limited — Board Meeting, 14-11-2024: Outcome of Board Meeting

The board meeting outcome revealed that Madhav Marbles and Granites Limited approved un-audited financial results for the quarter and half-year ended September 30, 2024. Key highlights include an appointment of Mr. Devendra Manchanda as a Non-Executive Independent Director for two years, and a planned equity investment of ₹5 Cr in Madhav Surfaces, FZC LLC, Oman, pending regulatory and shareholder approvals. Additionally, related party transaction limits and a notice for an extraordinary general meeting on December 9, 2024, were approved. Financial results indicate total income of ₹74.29 Cr and a net profit of ₹0.04 Cr for the quarter.