Extension of Time Applied for Holding AGM for FY 2025-26 Amid CIRP
The company has applied to the Registrar of Companies, Vijayawada, seeking extra time to hold its AGM for FY 2025-26.
- NCLT Order Date
- 06 April 2026
- Current Status
- Corporate Insolvency Resolution Process (CIRP)
- Application Purpose
- Extension of time to hold AGM for FY 2025-26
- Registrar
- Registrar of Companies, Vijayawada
What was shared
The company informed BSE that it has submitted an application to the Registrar of Companies, Vijayawada, Andhra Pradesh, seeking an extension of time for convening and holding its Annual General Meeting for FY 2025-26.
Context
- The company is presently under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016.
- This follows an order of the National Company Law Tribunal dated 06 April 2026.
Status
- The application is stated to be under process with the Registrar.
- Any further communication or update from the Registrar will be intimated to the exchange through further correspondence.
What it means for investors
An AGM is the yearly meeting where shareholders receive the annual accounts and vote on routine items. Seeking an extension means the meeting will be held later than the usual timeline, subject to the Registrar's decision. The intimation also serves as a reminder that the company is going through an insolvency resolution process, during which management and decision-making follow the framework of the Insolvency and Bankruptcy Code.
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