Manas Properties Board Approves Related Party Transactions, Calls for Extraordinary General Meeting
Mumbai, March 5, 2026: Manas Properties Limited has informed the stock exchanges about the outcome of its Board meeting held on Thursday, March 5, 2026. The Board considered, recommended, and approved several key matters .
Key Decisions
On the recommendation of the Audit Committee and subject to shareholder approval, the Board approved the Related Party Transactions to be entered by the Company for the Financial Year 2026-27 .
The Board also approved the Draft Notice of Extraordinary General Meeting incorporating the proposed resolution and explanatory statement, along with the cut-off date to record the entitlement of shareholders to cast their votes for the purpose of e-voting .
Appointments for E-voting
The Board approved the appointment of Mr. Kunal Sakpal, Company Secretary, and/or Mr. Hemant Shetye, Company Secretary, Designated Partners of M/s HSPN & Associates LLP, Practicing Company Secretaries, Mumbai as Scrutinizer for the purpose of e-voting and took on record the consent received from the Scrutinizer .
Additionally, the Board approved the appointment of National Securities Depository Limited for facilitating the e-voting process .
Authorization
The Directors of the Company were authorized to conduct the Extraordinary General Meeting and sign and send the Notice along with other documents .
The Board meeting commenced at 3:00 PM and concluded at 3:35 PM .