Madhav Marbles & Granites Ltd

Financial results

• Standalone and Consolidated unaudited results for quarter ended 30 June 2026 approved.
• Limited Review Report enclosed.

RPT limits amended

• MAVPL material RPT limit revised to INR 45 crore; period to 38th AGM.
• MNSSPL limit revised to INR 8 crore; period to 38th AGM.
• MSL limit revised to INR 55 crore; period to 38th AGM.

Board and KMP appointments

• Re-appoint Madhav Doshi as CEO and MD for 3 years (through Apr 30, 2030).
• Re-appoint Riddhima Doshi as Whole-time Director for 3 years.
• Re-appoint P Y Venkataraman as Independent Director for 2 years.
• Re-appoint Devendra Manchanda as Independent Director for 3 years.
• Re-appoint Arumugam Sivadasan as Independent Director for 5 years.

Internal audit appointment

• Appointed TM & Associates as Internal Auditors for FY 2026-27.

AGM & shareholder actions

• Notice for 37th AGM proposed Sept 30, 2026 via VC/OAVM.

Promoter loan

• Unsecured loan up to INR 6 crore from promoters; shareholder approval required.

Committee reconstitution

• Reconstituted Nomination & Remuneration Committee; new chair Surbhi Yadav.

ODI filing

• ODI filing processed; equity application of OMR 400,000 under execution.

Trading window

• Trading window closed until 48 hours after results.

Auditor remarks

• Independent auditor's review notes impairment indicators; qualified conclusion.

Dematerialisation processing and listing

• Dematerialisation requests processed; securities confirmed to depositories and listed on exchanges.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Resolutions and outcomes

• Resolution 1: Ordinary approval for material related party transaction with Madhav Ashok Ventures Private Limited.
• Promoter group is interested; 35,083 votes in favour, total polled 35,083.
• Resolution 2: Ordinary approval for material related party transaction with Madhav Surfaces FZC LLC.
• Resolution 3: Ordinary approval for material related party transaction with Madhav Natural Stone Surfaces Private Limited.
• All three resolutions passed; all in favour; overall shareholder voting showed promoter support.
• No changes to board or governance disclosed; no capital raised.

Madhav Marbles & Granites Ltd trading window closed from July 01, 2026 till 48 hours after declaration of Financial results for the quarter ended June 30, 2026

Meeting Details

• Board meeting scheduled for Friday, May 29, 2026.

Key Agenda Items

• Approve audited standalone and consolidated financial results for quarter and year ended March 31, 2026.
• Consider related party transactions for continuation or renewal of loans to subsidiaries.
• Consider related party transactions for investment in equity shares of an overseas associate company.

Other Notes

• No additional material notes disclosed in this chunk.

Registered office

• Board approved shifting the registered office within the same premises in Udaipur.
• New address: Third Floor, Mumal Towers, 16 Saheli Marg, Udaipur 313001.
• Shift is subject to compliance with the Companies Act, 2013 and rules.

Loan to subsidiaries

• Decision on loan to subsidiaries was deferred to the next board meeting.

Meeting Details

• Board meeting scheduled for Friday, April 17, 2026

Key Agenda Items

• Consider approval for continuation/renewal of loans to subsidiaries
• Consider proposal for shifting the registered office of the company

Meeting Details

• Board meeting scheduled for Thursday, April 16, 2026

Key Agenda Items

• Consider approval for continuation/renewal of loans to subsidiaries
• Consider proposal to shift the registered office of the company