Narendra Properties Ltd — Important, 11-08-2026: Company Update

NPL Narendra Properties' Board has approved several key items. It greenlighted consultancy remuneration of up to Rs 0.3 Cr annually for Mr. Nishank Sakariya, a Non-Executive Director, and up to Rs 0.09 Cr annually each for promoters Mr. Narendra C Maher and Mr. Narendra Sakariya. The Board also re-appointed Ms. Kavita Patel as an Independent Director for a second five-year term, recognizing her construction industry expertise. Crucially, the company gained authorization to make investments, loans, and guarantees up to Rs 50 Cr, significantly enhancing its financial maneuverability.