Nettlinx Ltd — Others, 30-06-2025: AGM/EGM
30-06-2025 | 06:01 pm
30-06-2025 | 06:01 pm
Nettlinx has announced the successful approval via postal ballot for three key resolutions. Members approved the sale of 1.3 crore equity shares in Sri Venkateswara Green Power Projects Limited, a material subsidiary, for ₹8.40 Cr. This divestment aims to strengthen the company’s balance sheet and improve liquidity for growth. Mr. Amarender Reddy Bandaru has been appointed as an independent director for a five-year term. Additionally, Mr. Rohith Loka Reddy has been appointed as Managing Director for five years with an annual salary of ₹18 lakh. His extensive finance background is expected to benefit the company’s strategic direction.
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