Announced Mon, 21 Jul · 15:46 IST

Proceedings of 38th AGM of the Company held on 21.07.2025

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ajcon Global Services held its 38th AGM on July 21, 2025 at 11:30 AM via video conferencing, chaired by Managing Director Mr. Ashok Ajmera with full quorum present. Four resolutions were tabled: (1) adoption of audited financial statements for FY ended March 31, 2025; (2) re-appointment of Mr. Anuj Ajmera (Director retiring by rotation); (3) appointment of Ms. Sonam Jain as Secretarial Auditors for a 5-year term from FY2025-26 to FY2029-30; and (4) re-appointment of Mr. Ashok Ajmera as Managing Director for 3 years from April 1, 2026 to March 31, 2029 (special resolution). Remote e-voting was open from July 17 to July 20, 2025, with Bigshare Services as the e-voting platform and M/s. Abhishek Shukla & Associates as Scrutinizer. Results were to be announced within 48 hours. The meeting concluded at 12:07 PM. In his address, the Chairman expressed confidence in the company's growth on both institutional and retail fronts, citing India's expected 6.5% GDP growth, while acknowledging capital market pressure from geopolitical tensions and US tariffs.

Likely market impact

Routine procedural filing — key items are the 5-year appointment of a new Secretarial Auditor and the Managing Director's re-appointment for 3 years effective FY2026-27. No dividend, fundraising, or material business change was announced. E-voting results to follow, but no near-term price catalyst is apparent from this filing.