Sai Capital Ltd
📢 Sai Capital Seeks Shareholder Nod for Key Guarantee Transactions
- Sai Capital Limited has issued a Postal Ballot Notice for shareholder approval on two Material Related Party Transactions (MRPTs).
- First MRPT: Corporate Guarantee up to Rs. 40 Crores between subsidiaries Health Care Energy Foods Private Limited (HCEFPL) and Butterfly Ayurveda Private Limited (BAPL).
- Second MRPT: Personal Guarantee up to Rs. 40 Crores by Mr. Ankur Rawat (Non-Executive Director & CFO) in favor of HCEFPL.
- E-voting period: December 06, 2025, to January 04, 2026, via NSDL's platform.
- Transactions exceed 10% of consolidated turnover, classifying them as MRPTs under SEBI LODR regulations.
- Audit Committee and Board of Directors have reviewed and approved the transactions.
- Detailed explanatory statements, including financial impacts, are available on the company's website and NSDL's e-voting portal.