BSEBhagawati Gas LtdLowNeutral
Announced Sat, 13 Sept · 17:53 IST

Notice convening the 50th Annual General Meeting of the company for the Financial Year 2023-2024

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ 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

Bhagawati Gas Limited has called its 50th Annual General Meeting on Saturday, December 28, 2024 at 10:30 AM, to be held at the registered office in Banawas, Khetri Nagar, Rajasthan. The notice and annual report are being sent only through electronic mode. Shareholders can vote electronically from December 25 (9:00 AM) to December 27 (5:00 PM), with December 21, 2024 as the cut-off date. Key items include adoption of FY24 financial statements, re-appointment of Ms. Sachi Bhardwaj as director, adoption of new MOA and Articles of Association aligned with Companies Act 2013, appointment of Mr. Vijay Gupta as Independent Director for 5 years, re-appointment of Mr. Rakesh Samrat Bhardwaj as Managing Director for 5 years (basic salary up to Rs. 1,25,000/month plus Rs. 30,000 special allowance), and appointment of Mr. Nawal Kishore Joshi as Director.

Likely market impact

Routine AGM business with no immediate material impact on shareholders. The MD re-appointment and new independent director add to governance continuity, while the MOA/AOA revisions are procedural alignments to the Companies Act 2013. No dividend or major corporate action was announced in this notice.