Crest Ventures Limited — Others, 12-03-2025: Shareholders meeting

Crest Ventures Limited has announced a board meeting regarding a Postal Ballot to seek shareholder approval for two material related party transactions with Sutlej Housing Private Limited and VK-21 Realty LLP, valued at INR 300 crore and INR 200 crore, respectively. The e-voting process will commence on March 17, 2025, and conclude on April 15, 2025, with results expected by April 17, 2025. These transactions are deemed essential for ongoing operations and will adhere to stipulated limits, providing potential growth avenues. Investors may view this as a positive outlook, given the strategic alignment and necessary oversight in related party dealings.