Amj Land Holdings Seeks Shareholder Approval for Related Party Transactions
Amj Land Holdings Limited has announced a notice of postal ballot to seek shareholder approval for material related party transactions. These transactions involve the renewal of Leave and License Agre...
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Why is Amj Land Holdings Limited in the news today?
Amj Land Holdings Limited (AMJLAND) is in the news due to the announcement is a routine disclosure regarding seeking shareholder approval for related party transactions, which is a standard corporate governance procedure. it does not contain any inherently positive or negative financial news.
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Amj Land Holdings Seeks Shareholder Approval for Related Party Transactions
December 31, 2025, 11:56 AM
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Amj Land Holdings Limited has announced a notice of postal ballot to seek shareholder approval for material related party transactions. These transactions involve the renewal of Leave and License Agreements with Pudumjee Paper Products Limited for two distinct land parcels located at Thergaon, Pune.
The first agreement pertains to approximately 29 acres of land, including structures, for a period of 5 years, from February 1, 2026, to January 31, 2031. The second agreement covers a 3,000 sq. mtrs. area, including structures, also for a 5-year term from February 1, 2026, to January 31, 2031, specifically for the establishment of a 132/100 KVA Sub-Station.
Shareholders will be able to cast their votes electronically through remote e-voting. The e-voting period commences on January 1, 2026, at 09:00 a.m. IST and concludes on January 30, 2026, at 05:00 p.m. IST. The results of the postal ballot are expected to be announced on or before January 31, 2026. The notice and explanatory statement are available on the company's website.
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