Avadh Sugar & Energy Limited has informed the Exchange regarding 'Corrigendum To The Notice Of The 11Th Annual General Meeting'.
AVADHSUGAR · price
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Avadh Sugar & Energy has issued a corrigendum to the notice of its 11th Annual General Meeting (AGM), originally dispatched to shareholders on July 8, 2025. The correction addresses an inadvertent omission in Resolution Item No. 7 and its explanatory statement, where references to Sections 2(51) and 203 of the Companies Act, 2013, along with the terms 'Key Managerial Personnel' and 'liable to retire by rotation, if required', were left out. This pertains to the appointment of Mr. Sukhvir Singh (DIN: 06645482) as Executive Director designated as Whole-time Director and KMP for a 3-year term effective June 11, 2025. The 11th AGM is scheduled for Wednesday, July 30, 2025, at 11:00 a.m. via video conferencing. Other AGM business items include adoption of FY25 audited financials, declaration of a Rs. 10 per share (100%) dividend with a record date of July 16, 2025, re-appointment of Chairperson Ms. Nandini Nopany, ratification of cost auditor remuneration of Rs. 1,92,500, and appointment of Vinod Kothari & Co. as Secretarial Auditor for five years.
This is a procedural correction and does not change the substantive business to be transacted at the AGM. Shareholders should read the corrigendum along with the original AGM notice; the dividend of Rs. 10 per share and the appointment of Mr. Sukhvir Singh remain as previously proposed.