EGM on 29 October 2026: members to vote on raising authorised share capital to Rs. 39,00,00,000

EGM notice: first EGM of FY 2026-27 is set for Thursday, 29th October 2026, 03:00 PM IST, through VC/OAVM.

Mon 5 Oct 2026

EGM Date and Time

Thursday, 29th October 2026, 03:00 PM IST, through VC/OAVM

Existing Authorised Share Capital

Rs. 5,00,00,000/- (50,00,000 Equity Shares of Rs. 10/- each)

Proposed Authorised Share Capital

Rs. 39,00,00,000/- (3,90,00,000 Equity Shares of Rs. 10/- each)

Remote e-voting Window

09:00 A.M. on 26th October 2026 to 05:00 P.M. on 28th October 2026

Cut-off Date

Friday, 23rd October 2026

What the notice is about

• The company has enclosed the notice of its First Extra-Ordinary General Meeting for FY 2026-27.
• Date and time: Thursday, 29th October 2026 at 03:00 PM (IST).
• Mode: Video Conferencing and OAVM, so members can join without travelling to a physical venue.
• The notice, along with the Explanatory Statement, has been dispatched to members whose names appear in the Register of Members or List of Beneficial Owners.

The resolution on the agenda

• One item of business: an Ordinary Resolution to increase the Authorised Share Capital of the company and, as a consequence, to alter Clause V of the Memorandum of Association.
• Existing Authorised Share Capital: Rs. 5,00,00,000/- (Rupees Five Crore Only) divided into 50,00,000 (Fifty Lakh) Equity Shares of Rs. 10/- (Rupees Ten) each.
• Proposed Authorised Share Capital: Rs. 39,00,00,000/- (Rupees Thirty-Nine Crore Only) divided into 3,90,00,000 (Three Crore and Ninety Lakh) Equity Shares of Rs. 10/- each.
• If passed, Clause V of the Memorandum of Association is to be substituted with the new figure, and the directors or Company Secretary are authorised to sign, execute and file the necessary application, forms, deeds and documents.

What "authorised share capital" means

• It is the ceiling on the value of shares a company is allowed to issue, as stated in its Memorandum of Association.
• A company cannot issue shares beyond this limit, so the limit is raised when the company wants headroom to issue more shares in future.
• Raising this limit is a decision taken by shareholders, and the money to be raised by any future issue would be separate from this resolution.

Voting and participation

• Remote e-voting window: from 09:00 A.M. on Monday, 26th October 2026 to 05:00 P.M. on Wednesday, 28th October 2026.
• Cut-off date for deciding who is entitled to vote: Friday, 23rd October 2026.
• Members who have voted by remote e-voting may attend the EGM but are not entitled to vote again.
• The facility of voting through ballot paper will not be made available at the EGM; members attending through VC/OAVM who have not already voted may cast their vote through the e-voting system during the meeting.
• Votes cast through the e-voting facility during the meeting by shareholders who have not participated in the meeting through VC/OAVM may be considered invalid.
• The e-voting facility is being provided through Central Depository Services (India) Limited (CDSL).
• CS Abhishek Chhajed, on behalf of SCS and Co LLP, Practising Company Secretary, has been appointed as the Scrutinizer to scrutinize the e-voting process.
• The company's Registrar and Share Transfer Agent is BgSE Financials Limited.

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