BSERatnakar Securities LtdLowNeutral
Announced Sat, 8 Nov · 13:20 IST

Additional Extension time for AGM from 30th November 2025 to 15 December 2025.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ratnakar Securities Limited (formerly Mangalya Soft-Tech Limited, Scrip Code: 530243) has received a second extension from the Registrar of Companies (ROC), Ahmedabad, to hold its Annual General Meeting for FY 2024-25. The AGM was originally due by September 30, 2025, was first extended to November 30, 2025, and has now been further extended by 15 days to December 15, 2025. The company cited an ongoing merger process—covering share allotment, change of name, and change of main object—linked to an IBC (Insolvency and Bankruptcy Code) matter as the reason for needing more time. The ROC's second approval letter is dated November 7, 2025, and the company will intimate the new AGM date to BSE in due course.

Likely market impact

Shareholders will have to wait until on or before December 15, 2025 for the company's annual results and AGM. While the delay is explained by ongoing merger/IBC proceedings, the repeated extension and the ROC's advisory to be more careful with future compliance may be viewed as a minor governance red flag by investors.