Announced Wed, 3 Sept · 16:04 IST

Intimation of AGM Notice

Board & Shareholder Meetings View source PDF

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AI summary

City Pulse Multiventures Ltd has notified BSE that its 25th AGM will be held on Monday, September 29, 2025 at 1:00 PM via video conferencing. The book closure period runs from September 22 to September 29, 2025, with September 19, 2025 set as the cut-off date for e-voting eligibility. Remote e-voting opens on September 26 and closes on September 28, 2025. Key agenda items include adopting FY25 audited financials, re-appointing Kush Arpit Mehta as director (retiring by rotation), appointing Rajendra J. Shah & Co. as new statutory auditor for 5 years (replacing S.D. Mehta & Co.) at an annual fee of Rs. 1.20 lakh, and appointing Payal Dhamecha & Associates as secretarial auditor for FY 2025-26 to FY 2029-30. A special resolution seeks shareholder approval to expand the company's main objects to include solar power generation and petroleum products (petrol, diesel, gas) distribution, moving beyond its current multiplex and entertainment business.

Likely market impact

Shareholders should note the September 19 cut-off date for e-voting eligibility. The special resolution to diversify into solar power and petroleum products represents a significant strategic shift from the company's current multiplex/entertainment focus, which could reshape the business profile but also carries execution risk. The change of statutory auditor and proposed audit fee of Rs. 1.20 lakh are routine governance items.