The Peria Karamalai Tea & Produce Company Limited — Others, 01-07-2025: Shareholders meeting
01-07-2025 | 04:30 pm
01-07-2025 | 04:30 pm
The Peria Karamalai Tea & Produce Co Ltd. has announced the approval of a material related party transaction with Maharaja Shree Umaid Mills Limited, a related party. This was carried out through a postal ballot via remote e-voting, with votes overwhelmingly in favor—99.96% of valid votes supported the resolution. Votes cast by related parties were excluded from the count. The transaction’s approval reflects the company’s governance transparency and maintains regulatory compliance, which is important for shareholder confidence and ongoing business operations.
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