Compuage Infocom Limited has informed the Exchange about Intimation of the Newspaper Advertisement of the Adjourned 26th AGM of the Company for FY 2024-25
COMPINFO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Compuage Infocom Limited has informed the stock exchanges that the 26th Annual General Meeting, originally scheduled for March 17, 2026 at 12:30 PM via video conference, has been adjourned due to lack of quorum. The adjourned 26th AGM will now be held on Tuesday, March 24, 2026 at 12:30 PM through video conference/other audio-visual means, to transact the same business as originally notified. The company has published notice of this adjournment in Business Standard (national newspaper) and Pratahkal (regional Marathi newspaper) as required by SEBI listing rules. Importantly, the company remains under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, and is being managed by Resolution Professional Mr. Gajesh Labhchand Jain following an NCLT order dated April 29, 2024.
For shareholders, the adjourned AGM means the originally proposed resolutions (likely including approval of FY24-25 accounts) have been deferred by a week. The adjournment due to lack of quorum is mildly concerning and may suggest limited shareholder engagement. The ongoing CIRP status is a key risk factor for investors, as the company is in insolvency resolution and the Resolution Professional — not a regular board — is managing affairs.