Mount Housing Approves Promoter-Family Roles With ₹84 Lakh Annual Caps

Board approved father-son promoter appointments: Ramesh Chand Bafna as MD and Kalpesh Bafna as WTD for five years, subject to shareholder approval; each capped at Rs 84 lakh annual remuneration. Ramesh will continue after turning 70; both appointments centralize executive control within the promoter family, with remuneration approved for three years. Each remuneration ceiling of Rs 84 lakh exceeds FY26 PAT of Rs 0.2 Cr; related-party White Ink retainership adds Rs 4.5 lakh monthly plus project charges.