Madhav Marbles & Granites Ltd (MADHAV) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Madhav Marbles & Granites Ltd on NSE and BSE, with an AI summary of each filing.
SCRUTINIZER REPORT
Annual General Meeting · 01 Oct 2026, 12:37 am
Madhav Marbles and Granites Shareholders Approve All AGM Resolutions Madhav Marbles and Granites Limited held its 37th Annual General Meeting on 30th Sep'26 via video conferencing, where shareholders approved all 14 proposed resolutions with requisite majorities. Key approvals included the adoption of audited standalone and consolidated financial statements for the fiscal year ended 31st Mar'26, re-appointment of directors and key managerial personnel including the CEO and Managing Director, authorization of material related-party transactions, and permissions for loans, guarantees, and investments exceeding standard limits under Sections 185 and 186 of the Companies Act, 2013.
Proceedings of 37th AGM, Voting Results and Scrutinizer report
Annual General Meeting · 01 Oct 2026, 12:15 am
Dispatch of Letter to Shareholders whose email addresses are not registered with Company and RTA
Others (Uncategorized) · 07 Sept 2026, 6:10 pm
Madhav Marbles Dispatches 37th AGM Notice and FY26 Annual Report Access Letters Madhav Marbles and Granites Limited has issued communications to shareholders whose email addresses are unregistered with the company, RTA, or Depository Participants, providing weblinks to access the 37th AGM Notice and FY26 Annual Report. The 37th AGM is scheduled for 30th Sep'26 at 11:30 AM via Video Conferencing/OAVM. Electronic copies were sent to registered shareholders, while unregistered holders can access documents online or request physical copies. All materials are available on the BSE and CDSL e-voting platforms.
Annual Report 2025-26
Others (Uncategorized) · 07 Sept 2026, 5:22 pm
37th Annual General Meeting on Wednesday, September 30, 2026
Annual General Meeting · 06 Sept 2026, 9:55 pm
Outcome of Board meeting - Reappointment of Executive Directors and Independent Directors. Appointment of Internal Auditor
Change in Management · 13 Aug 2026, 9:43 pm
Madhav Marbles Q1FY27 Results, Director Reappointments, and Revised RPT Limits Announced Madhav Marbles reported a consolidated net loss of INR 79.52 lakhs for the quarter ended 30-Jun'26, against a loss of INR 17.66 lakhs YoY. Standalone net profit was INR 11.27 lakhs, down from INR 16.13 lakhs YoY. The board approved reappointments for the CEO, Whole-Time Director, and three Independent Directors. It also modified related party transaction (RPT) limits, notably increasing the limit with JV Madhav Surfaces FZC LLC to INR 55 Crores from INR 40 Crores. The auditor issued a qualified opinion on both results.
Un-audited Financial Results for the quarter ended June 30, 2025, Standalone and Consolidated
Financial Result · 13 Aug 2026, 9:38 pm
Madhav Marbles Q1FY27: Revenue Declines, Board Approves Key Changes Madhav Marbles reported weak Q1FY27 consolidated results with revenue at ₹7.91 Cr, down 1.5% YoY, and a net loss of ₹0.80 Cr compared to a loss of ₹0.18 Cr in Q1FY26. Standalone net profit fell 30.1% YoY to ₹0.11 Cr. The board approved Q1 results, re-appointments of key management personnel including the CEO, and modifications to material related party transaction limits. It also approved accepting an unsecured loan of up to ₹6 Cr from promoters and a ₹400,000 equity investment in JV Madhav Surfaces FZC LLC.
Outcome of Board Meeting
Outcome · 13 Aug 2026, 9:31 pm
Madhav Marbles Reports Q1'27 Results and Updates Related Party Transactions Madhav Marbles reported Q1'27 standalone PAT of ₹11.27 lakhs, down 30.1% YoY from ₹16.13 lakhs. Revenue from operations was ₹770.77 lakhs, a 2.7% YoY decline. On a consolidated basis, the company posted a net loss of ₹79.52 lakhs, widening from a loss of ₹17.66 lakhs YoY, impacted by a share of loss from JVs. The board approved re-appointments for key management, including the CEO, and modified aggregate limits for material related party transactions, notably increasing the limit for JV Madhav Surfaces FZC LLC from ₹40 to ₹55 Crores.
Scrutinizer Report
Extra Ordinary General Meeting · 06 Jul 2026, 11:10 pm
Madhav Marbles EGM Passes All Related Party Transaction Resolutions Madhav Marbles and Granites held an EGM on 06 Jul'26, where shareholders passed three ordinary resolutions approving material related party transactions. The resolutions were for transactions with Madhav Ashok Ventures, Madhav Surfaces (FZC) LLC, and Madhav Natural Stone Surfaces. All three proposals received 100% of votes in favour from public non-institutional shareholders, who were the only category to cast votes. The promoter and promoter group did not participate in the voting process. Consolidated results show all resolutions were passed with the requisite majority.
Proceedings of EGM, Voting Results and Scrutunizer Report. EGM Held on Monday July 06, 2026
Extra Ordinary General Meeting · 06 Jul 2026, 11:06 pm
Madhav Marbles EGM: Shareholders Approve All Related Party Transaction Resolutions Madhav Marbles and Granites announced that all three Ordinary Resolutions were passed at its Extra-Ordinary General Meeting held on 06 Jul'26. The resolutions sought approval for material related party transactions with Madhav Ashok Ventures, Madhav Surfaces (FZC) LLC, and Madhav Natural Stone Surfaces. Each resolution received 100% of votes cast in favour, with a total of 35,083 votes polled for each item. The promoter and promoter group did not participate in the voting process. Final results were based on remote e-voting and voting conducted during the meeting.
NOTICE OF EGM - EGM DATE: MONDAY, JULY 06, 2026 TIME: 11.30 A.M.
Extra Ordinary General Meeting · 12 Jun 2026, 10:00 pm
Madhav Marbles to Seek Shareholder Approval for Material Related Party Transactions Madhav Marbles and Granites has scheduled an Extra-Ordinary General Meeting on 06 Jul'26 to seek shareholder approval for material related party transactions. The proposals involve transactions with subsidiary Madhav Ashok Ventures (up to INR 50 Cr), associate Madhav Surfaces (FZC) LLC (up to INR 40 Cr), and subsidiary Madhav Natural Stone Surfaces (up to INR 10 Cr). These transactions include loans, investments, sale/purchase of goods, and other financial assistance. The Board recommends passing these ordinary resolutions to support operational efficiency and business expansion.
NOTICE OF EGM - EGM DATE: MONDAY, JULY 06, 2026 TIME: 11.30 A.M.
Extra Ordinary General Meeting · 12 Jun 2026, 10:00 pm
Madhav Marbles to Seek Approval for Related Party Transactions up to ₹100 Crore Madhav Marbles has scheduled an Extra-Ordinary General Meeting (EGM) on Jul 06, '26, to seek shareholder approval for material related party transactions. The company proposes aggregate transaction limits up to ₹50 crore with Madhav Ashok Ventures, ₹40 crore with Madhav Surfaces (FZC) LLC, and ₹10 crore with Madhav Natural Stone Surfaces. These ordinary resolutions cover loans, advances, investments, guarantees, and other business-related transactions to support operational efficiency and business expansion of its subsidiaries and associates.
Outcome of Board Meeting- Notice of EGM - July 06, 2026 at 11.30 a.m.
Others (Uncategorized) · 12 Jun 2026, 9:57 pm
Madhav Marbles EGM to Approve Material Related Party Transactions up to ₹100 Crore Madhav Marbles and Granites Ltd. has called an Extra-Ordinary General Meeting (EGM) on 06 Jul'26 to seek shareholder approval for material related party transactions (RPTs). The ordinary resolutions propose transaction limits up to ₹50 crore with subsidiary Madhav Ashok Ventures, ₹40 crore with associate Madhav Surfaces (FZC) LLC, and ₹10 crore with subsidiary Madhav Natural Stone Surfaces. These RPTs involve loans, investments, guarantees, and trade of goods to support operations and are deemed to be in the ordinary course of business.
AUDITED FINANCIAL RESULTS
Financial Result · 30 May 2026, 4:02 am
Madhav Marbles Approves Results and Subsidiary Consolidation Amidst Audit Qualifications The Board of Madhav Marbles on 29 May'26 approved FY26 results and several corporate actions. It will acquire the remaining 40% stake in Madhav Ashok Ventures, making it a wholly-owned subsidiary. The Board also approved financial assistance up to INR 10 Cr to its overseas associate, Madhav Surfaces FZC LLC. For FY26 (consolidated), revenue was INR 30.71 Cr, with a PAT of INR 0.39 Cr. However, the auditor issued a qualified opinion, citing the non-assessment of impairment on investments and loans to certain subsidiaries/associates with eroded net worth.
OUTCOME OF BOARD MEETING
Outcome · 30 May 2026, 3:59 am
Madhav Marbles Board Approves Subsidiary Consolidation and INR 10 Cr Associate Investment On 29-May'26, Madhav Marbles' board approved FY26 financial results, which received a qualified opinion from auditors due to non-impairment of investments in stressed subsidiaries. The board sanctioned acquiring the remaining 40% stake in Madhav Ashok Ventures, making it a wholly-owned subsidiary. It also approved a financial assistance/investment of up to INR 10 Cr in its overseas associate, Madhav Surfaces FZC LLC, for working capital needs. Additionally, loan repayment periods for two subsidiaries were extended to support their operations.
Madhav Marbles & Granites Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Consideration and ....
Intimation · 29 May 2026, 5:30 am
Madhav Marbles Board Meeting Set for May 29 to Approve Q4FY26 Results Madhav Marbles and Granites Ltd. has scheduled a board meeting for 29 May'26 to consider and approve audited standalone and consolidated financial results for the quarter and year ended 31 Mar'26. The agenda also includes approving related party transactions, specifically the renewal of loans extended to subsidiaries and a proposed equity investment in an overseas associate company.
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Others (Uncategorized) · 30 Apr 2026, 11:08 pm
Madhav Marbles Confirms It Is Not a Large Corporate Under SEBI Framework Madhav Marbles and Granites Ltd. has confirmed it does not qualify as a 'Large Corporate' under the SEBI framework as of 30-Apr'26. Consequently, the company is not required to adhere to the mandatory fundraising and disclosure requirements specified in SEBI circulars dated 26-Nov'18 and 19-Oct'23. The company reported outstanding borrowings of ₹0.00 Cr as of the most recent applicable date and holds no credit rating. This declaration exempts it from the associated compliance framework for large entities.
Intimation of Change of Registered Office Address
Others (Uncategorized) · 17 Apr 2026, 10:52 pm
Madhav Marbles Announces Change in Registered Office Address Madhav Marbles and Granites Limited announced its Board of Directors approved shifting its registered office on 17 Apr'26. The new address will be Third Floor, Mumal Towers, 16, Saheli Marg, Udaipur -313001, moving from the First Floor of the same building. This change will be effective from 01 May'26. The relocation remains within the same city limits of Udaipur.
OUTCOME OF BOARD MEETING. The board approved Shifting of Registered office of the Company.
Outcome · 17 Apr 2026, 7:01 pm
Madhav Marbles Board Approves Office Shift, Defers Loan Decision In its meeting on 17-Apr'26, the Board of Madhav Marbles and Granites approved shifting its registered office from the first to the third floor within the same premises in Udaipur. The board deferred a decision regarding a proposed loan to subsidiaries, which will be considered at a future meeting.
The Board Meeting to be held on 16/04/2026 has been revised to 17/04/2026 The Board Meeting to be held on 16/04/2026 has been revised to 17/04/2026
Intimation · 13 Apr 2026, 10:24 pm
Madhav Marbles Announces Board Meeting on Apr 17, 2026 Madhav Marbles and Granites Ltd. has scheduled a board meeting for Fri, 17 Apr'26. The agenda includes considering and approving the continuation or renewal of loans extended to its subsidiaries. The board will also discuss and approve a proposal for shifting the company's registered office. This is a revised intimation, updating the meeting date.
Madhav Marbles & Granites Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/04/2026 ,inter alia, to consider and approve With reference to ....
Intimation · 13 Apr 2026, 10:13 pm
Madhav Marbles to Consider Subsidiary Loan Renewal, Office Shift Madhav Marbles and Granites Ltd. has scheduled a Board of Directors meeting on 16-Apr'26. The key agenda items for consideration and approval include the continuation or renewal of loans extended to its subsidiaries and a proposal for shifting the company's registered office. The meeting announcement was made on 13-Apr'26. These decisions could impact the company's capital allocation and operational structure.
Outcome of Board Meeting: Acquisition of Stake in Subsidiary
Outcome · 25 Mar 2026, 10:54 pm
Madhav Marbles to Acquire Full Control of Subsidiary for Real Estate Entry Madhav Marbles' board approved acquiring the remaining 18.01% stake in its subsidiary, Madhav Natural Stone Surfaces Pvt Ltd (MNSSPL), on 25-Mar'26. This increases its holding from 81.99% to 100%, making MNSSPL a wholly-owned subsidiary. The acquisition is a related-party transaction via cash consideration, with the price based on MNSSPL's valuation. The move facilitates Madhav Marbles' diversification into the real estate sector, utilizing the subsidiary as a dedicated vehicle to develop land it owns, leveraging the asset for focused execution.
Outcome of Board Meeting
Outcome · 25 Mar 2026, 10:48 pm
Madhav Marbles to Consolidate Subsidiary for Real Estate Diversification Madhav Marbles and Granites’ board approved on 25-Mar'26 the acquisition of an additional 18.01% equity stake in its subsidiary, Madhav Natural Stone Surfaces Private Limited (MNSSPL). This cash transaction increases its holding from 81.99% to 100%, making MNSSPL a wholly-owned subsidiary. The move supports the company's diversification into the real estate sector, with MNSSPL set to become the dedicated vehicle for a new real estate project. MNSSPL, which has had nil turnover for the last three years, will utilize its existing land assets.
Madhav Marbles & Granites Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/03/2026 ,inter alia, to consider and approve With reference to ....
Intimation · 19 Mar 2026, 4:27 pm
Madhav Marbles to Consider Increasing Stake in Subsidiary Madhav Marbles and Granites Ltd announced a Board of Directors meeting scheduled for 25 Mar'26. The primary agenda includes considering and approving a proposal for related party transactions with its subsidiary, Madhav Natural Stone Surfaces Private Limited. The board will also evaluate the acquisition of an additional stake in the same subsidiary. Other related matters will be discussed as well. The meeting's outcome could impact the company's consolidation and group structure.
Outcome of Board Meeting- Approval of sending Loan to Madhav Surfaces FZC LLC , Related Party
Outcome · 05 Mar 2026, 7:24 pm
Madhav Marbles Approves Loan to Related Party Madhav Surfaces FZC LLC Madhav Marbles' board approved an unsecured loan of OMR 35,000 (approx. ₹83.3 lakh) to its associate, Madhav Surfaces FZC LLC, on 05-Mar'26. The two-year loan, intended for business operations and working capital, carries a 9% interest rate. Madhav Marbles holds a 13.33% direct stake in the Oman-based entity. The related-party transaction was conducted at arm's length, with key management personnel common to both companies. This move aims to support the operational needs of its associate entity.