Proceedings of the 40th Annual General Meeting ("AGM") of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Calcom Vision Ltd held its 40th AGM on September 30, 2025, via video conferencing from 12:30 PM to 1:21 PM, with 64 members in attendance. All 6 directors, the CFO, Company Secretary, statutory and secretarial auditors, and the scrutinizer joined virtually. The Chairman, Mr. Sushil Kumar Malik, shared an overview of the company's performance for FY 2024-25 and the outlook for the lighting industry. Seven business items were transacted, including adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, ratification of cost auditors' remuneration, and appointment of new secretarial auditors for five years. A proposal to increase the authorised share capital and amend the Memorandum of Association was also put forward. Two special resolutions covered the re-appointment of Mr. Abhishek Malik as Whole Time Director for five years (Feb 2026–Jan 2031) and Ms. Parvathy Venkatesh as Independent Director for a second five-year term. Voting results from remote e-voting and AGM e-voting are awaited.
The proposed increase in authorised share capital signals potential future equity raising, which could lead to dilution for existing shareholders. Re-appointments of key directors ensure management and board continuity, while new secretarial auditor appointment is a routine governance matter. The actual impact will depend on the final voting results, which are still pending.