Radhe Developers (India) Limited’s Board of Directors, in a meeting held on October 24, 2026, approved the appointment of Ms. Parul Rajesh as an Additional Independent Director. The board also considered and approved a proposal for related party transactions, subject to shareholder approval. A postal ballot notice will be sent to shareholders for these matters.
Board Meeting Highlights
During its meeting on Saturday, October 24, 2026, the Board of Directors of Radhe Developers (India) Limited took several key decisions impacting the company’s governance and operations. The meeting, which commenced at 02:00 PM and concluded at 03:05 PM, focused on strategic appointments and transactional approvals.
New Independent Director Appointed
A significant outcome was the approval of the appointment of Ms. Parul Rajesh (DIN: 11923467). She has been appointed as an Additional Director in the capacity of an Independent Director. This appointment is effective from September 03, 2026, and will be for a term subject to shareholder approval. The board also approved the proposal for seeking shareholder consent on this matter.
Related Party Transactions Under Review
The Board also considered and approved a proposal for entering into related party transactions. This move requires the subsequent approval of the company’s shareholders. To facilitate this, the board has approved the draft Postal Ballot Notice, which will be dispatched to eligible shareholders to seek their consent on the aforementioned matters.
Scrutinizer Appointed for Postal Ballot
To ensure the integrity of the postal ballot process, the Board has approved the appointment of Mr. Alkesh Jalan from M/s. Jalan Alkesh & Associates as the Scrutinizer. He will oversee the postal ballot process and related matters.
The Postal Ballot Notice, detailing the proposed resolutions, will be circulated to shareholders in compliance with applicable regulations. Shareholders will have the opportunity to provide their input on these important company decisions.
Source: BSE
