Man Infraconstruction Limited — Others, 26-05-2025: Shareholders meeting

Man Infraconstruction Limited has announced a postal ballot to seek shareholder approval for related party transactions on an arm’s length basis for one year. These include sale/purchase of goods and services (Rs 15 Cr each with associates and subsidiary), capital contributions and loans repayable on demand (up to Rs 100 Cr), construction contracts (up to Rs 300 Cr), bank guarantees (up to Rs 300 Cr), and immovable property dealings (up to Rs 50 Cr). These transactions align with the company’s core business and have been endorsed by the Audit Committee and Board. Voting will be conducted electronically.