Mukta Arts Limited — Important, 26-05-2025: Updates

Mukta Arts has announced a board meeting to consider the financial results for the quarter and half-year. The company incurred fines totaling Rs. 2.75 lakh plus GST for non-compliance on board composition and nomination committee norms. After an Independent Director’s tenure ended, Mr. Chandrashekhar Rentala was appointed, and the Nomination and Remuneration Committee was restructured. The company missed timely disclosure of additional investment in its subsidiary but pledged improved compliance going forward. A delayed entry of one UPSI event was also reported.