Ceenik Exports Board Approves Related Party Transactions and Draft Postal Ballot Notice
CEENIK EXPORTS (INDIA) LIMITED announced that its Board of Directors held a meeting on Tuesday, June 2, 2026. During the session, the board considered and approved several key operational and financial matters concerning the company.The Board Meeting was held on June 2, 2026, commencing at 02:30 PM and concluding at 03:00 PM.
The primary approvals noted during the meeting included the following transactions and documentation:
| Matter Approved | Description | Financial Year (F.Y.) |
|---|---|---|
| Ratification of Related Party Transactions | With M/s Niktin Properties And Estates Private Limited | 2025-26 |
| Approval of Related Party Transactions | With M/s Niktin Properties And Estates Private Limited | 2026-27 |
| Drafting of Notice | Draft Postal Ballot Notice of the Company | N/A |
The board also provided approval for the ratification of Related Party Transactions for the Financial Year 2025-26, and the approval of such transactions for the upcoming Financial Year 2026-27, both involving M/s Niktin Properties And Estates Private Limited. Additionally, the company approved the Draft Postal Ballot Notice.
Stock Price Movement
Ceenik Exports India Ltd shares settled at ₹201.00 on Tuesday, dipping 0.22% by the close of trade today. Throughout the session, the stock fluctuated considerably, trading between a low of ₹196.00 and a high of ₹205.45.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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