Notice of 6th Annual General Meeting to be held on Thursday, August 07, 2025
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CLN Energy Ltd has notified its 6th Annual General Meeting on Thursday, August 07, 2025 at 1:00 PM, to be held via Video Conference. Ordinary business includes adopting FY25 audited financials, re-appointing director Mr. Manish Shah (DIN: 10343779) who retires by rotation, and re-appointing M/s. DGMS & Co. as Statutory Auditors for a 5-year term till the 11th AGM in 2030. Special business includes ratifying the Cost Auditor's fee of Rs. 85,000 for FY26, increasing the Authorised Share Capital from Rs. 11 crore to Rs. 12 crore (adding 10 lakh equity shares of Rs. 10 each) and amending the MoA accordingly. Shareholders will also vote on approving the CLN Energy Limited ESOP Plan 2025, which allows granting stock options up to 20% of paid-up capital to employees and directors. The meeting will be conducted through NSDL's e-voting platform, with remote voting open from August 3 to August 6, 2025.
Shareholders should watch the ESOP and capital expansion resolutions closely, as approving the new ESOP Plan and higher authorised capital could lead to equity dilution of up to 20% over time. Re-appointment of the existing auditor for a full 5-year term provides continuity in audit oversight.