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Raymed Labs LtdBoard Meeting, 01-08-2025: Board Meeting

01-08-2025 | 12:03 pm

Cresanto Global's Board has approved a proposal for share capital reduction, a strategic move that requires shareholder and NCLT approval and could significantly reshape the company's capital structure. The Board also authorized material related party transactions for various business activities. These include dealings up to 20 Cr each with Cresanto India Private Limited and K8 Products LLP, and up to 7.5 Cr each with Tidagela Ventures Private Limited, KVK Packaging LLP, and Koriander Consultants LLP. Additionally, the company appointed M/s. Nidhi Bajaj & Associates as Secretarial Auditor and Ms. Komal Bajaj as Internal Auditor.

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