Board approves Independent Director term, related party transactions; postal ballot to seek shareholder nod
Radhe Developers' board met on Saturday, October 24, 2026 (02:00 PM to 03:05 PM) and approved four matters.
By ScoutQuest · · 1 min read
- Board meeting date and time
- Saturday, October 24, 2026 (02:00 PM to 03:05 PM)
- Independent Director appointment effective date
- September 03, 2026
- Scrutinizer for postal ballot
- Mr. Alkesh Jalan of M/s. Jalan Alkesh & Associates
What the board decided
The board of Radhe Developers (India) Limited met on Saturday, October 24, 2026, from 02:00 PM to 03:05 PM and approved four matters. Each of the substantive items now goes to shareholders for their approval through a postal ballot.
Independent Director
- Ms. Parul Rajesh was appointed an Additional Director in the capacity of an Independent Director with effect from September 03, 2026.
- The board approved her appointment as an Independent Director of the company for a term as may be approved by the shareholders, subject to the approval of the shareholders.
Related party transactions
- The board considered and approved the proposal for entering into related party transactions, subject to the approval of the shareholders.
Postal ballot
- The board approved the draft Postal Ballot Notice for seeking the approval of shareholders on the matters above.
- Mr. Alkesh Jalan of M/s. Jalan Alkesh & Associates was approved as Scrutinizer for the postal ballot and matters related to it.
- The Postal Ballot Notice, with the details of the proposed resolutions, will be sent to eligible shareholders in line with applicable law.
How to read this
- These are board-level approvals. The independent director's term and the related party transactions still require a shareholder vote, which is why a postal ballot is being organised.
- The related party transaction item means the company proposes to enter into transactions with parties connected to the company; the specifics would sit in the Postal Ballot Notice when it is issued to shareholders.
Also from Radhe Developers India
Board meeting on 24 October to consider independent director regularisation, related party transactions, postal ballot
21 Oct 2026
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