Storage Technologies and Automation Limited Board Approves Related Party Transaction
Storage Technologies and Automation Limited announced that its Board of Directors convened a meeting on March 30, 2026. The meeting commenced at 4:15 p.m. and concluded at 4:45 p.m.A key decision from the meeting involved the approval of a sub-lease of factory premises with related parties. This approval followed a recommendation from the Audit Committee and aligns with Section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI (LODR) Regulations, 2015. Other business items were also addressed during the board meeting.
The company's BSE Script Code is 544171 (STAL), and its ISIN is INE0RGM01016. Mohammad Arif Abdul Gaffar Dor, Managing Director, DIN: 02943466, signed off on the proceedings.
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