Corporate News

05-Sep-2026, 06:58

Maitri Enterprises Limited disclosed that its board approved transactions with Gayatri Infrastructure Limited, a related party, for an aggregate amount not exceeding Rs 250 crore per fiscal year during FY 2026-27, FY 2027-28, and FY 2028-29, and also approved an additional limit of Rs 200 crore for loans, investments, guarantees, and securities. The board also approved a corporate guarantee of up to Rs 40 crore in favor of Bank of India to secure credit facilities for Gayatri Infrastructure Limited, and regularized Bharat Ramjibhai Sisodia as a Non-Executive Independent Director for a term of five years.