Madhav Marbles and Granites Limited has announced that its Board of Directors will convene on March 25, 2026, to consider important related party transactions with its subsidiary company. The meeting notification was communicated to both stock exchanges on March 19, 2026.

Board Meeting Agenda

The primary focus of the board meeting will be to consider and approve proposals for entering into related party transactions with Madhav Natural Stone Surfaces Private Limited, which is a subsidiary of the company. The board will deliberate on several key matters during this meeting.

Transaction Scope

The board will specifically consider the acquisition of further stake in the subsidiary company as part of the related party transactions. This indicates the company's intention to potentially increase its ownership or investment in Madhav Natural Stone Surfaces Private Limited.

Key areas of consideration include:

• Proposal for entering into related party transactions
• Acquisition of additional stake in the subsidiary
• Other related matters pertaining to the subsidiary relationship

Regulatory Compliance

The company has fulfilled its regulatory obligations by notifying both major stock exchanges about the scheduled board meeting. The communication was sent to BSE Limited (Scrip Code: 515093) and National Stock Exchange of India Limited (Scrip Code: MADHAV) in compliance with listing requirements.

Company Information

Madhav Marbles and Granites Limited operates from its registered office located at First Floor, "Mumal Towers", 16, Saheli Marg, Udaipur, Rajasthan. The company maintains investor relations through dedicated communication channels and is listed on both major Indian stock exchanges.

The notification was signed by Company Secretary Priyanka Manawat, ensuring proper corporate governance procedures are followed for this significant board meeting.

Madhav Marbles and Granites Limited has officially announced the approval of a significant loan transaction to its related party following a board meeting held on March 05, 2026. The company's Board of Directors considered and approved granting a loan of OMR 35,000 to Madhav Surfaces FZC LLC, as disclosed in its regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcome and Regulatory Filing

The board meeting commenced at 11:45 a.m. and concluded at 1:35 p.m. on March 05, 2026, where directors addressed the loan approval as part of their agenda. The company has filed the outcome with BSE Limited (Scrip Code: 515093) and National Stock Exchange of India Ltd (Scrip Code: MADHAV), ensuring full regulatory compliance and transparency.

Transaction Details and Financial Terms

The approved loan carries specific financial parameters designed to support the recipient's operational requirements. The transaction reflects a structured approach to related party financing with clear terms and conditions.

Related Party Information and Compliance

Madhav Surfaces FZC LLC operates as an associate company incorporated in the Sultanate of Oman. The company maintains a 13.33% direct stake in Madhav Surfaces FZC LLC, establishing it as a related party under regulatory definitions. The transaction involves key management personnel from both entities, with Mr. Madhav Doshi (CEO & Managing Director) and Mrs. Riddhima Doshi (Whole Time Director) serving as Directors in both companies and belonging to the promoter and promoter group.

Corporate Governance and Documentation

The transaction has received necessary approvals from the Audit Committee and company members, as mandated under applicable regulations. The company has confirmed that the transaction is conducted at arm's length, maintaining transparency and fairness in pricing and terms. The regulatory filing was digitally signed by Company Secretary Priyanka Manawat on March 05, 2026, at 1:46 p.m., demonstrating the company's commitment to timely disclosure and regulatory compliance.