Announced Tue, 2 Sept · 16:18 IST

Notice of 53rd AGM of Amforge Industries Limited to be held on 25th September, 2025.

Board & Shareholder Meetings View source PDF

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AI summary

Amforge Industries Limited has announced its 53rd AGM on Thursday, 25th September 2025 at 2:30 p.m., to be conducted through Video Conferencing (VC) only. The agenda includes ordinary business — adopting the audited financial statements for FY 2024-25, and re-appointing Mr. Puneet Yogiraj Makar (DIN: 00364000), a director who retires by rotation. A special resolution is proposed to re-appoint Mr. Ajit Pandurang Walwaikar (DIN: 00022123) as Non-Executive Independent Director for a second 5-year term from 11th November 2025 to 10th November 2030. The cut-off date for e-voting eligibility is 18th September 2025, with remote e-voting open from 22nd to 24th September 2025 via MUFG Intime's InstaVote platform. Mr. Puneet Makar, a founder of the company, holds 25,13,219 equity shares, while Mr. Walwaikar holds 1,850 shares. The Register of Members will remain closed from 18th to 25th September 2025.

Likely market impact

This is a routine AGM notice with no major corporate action. Shareholders should note the e-voting window (22-24 September) and book closure (18-25 September) to be eligible to vote. The re-appointment of an 80-year-old independent director and the retirement-by-rotation re-appointment of the founder are standard governance items and unlikely to materially impact the stock price.