Outcome and Summary of the Annual General Meeting of the Company held on 30th September, 2025
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The 43rd Annual General Meeting of Consecutive Investments & Trading Company Limited (BSE: 539091, Security ID: CITL) was held on 30th September 2025 via video conferencing, lasting just 8 minutes (3:16 PM to 3:24 PM). Managing Director Jitendrakumar Chimanlal Leuva chaired the meeting and confirmed quorum. Seven resolutions were proposed for shareholder e-voting: three ordinary resolutions covering adoption of FY25 audited financial statements, re-appointment of director Vimal Koli (DIN: 10364390), and four special resolutions. The special resolutions include appointing M/s. Dhruvi Patel & Associates as secretarial auditor for 5 years, seeking authority to sell or dispose of the company's undertaking, powers under Section 186 of the Companies Act 2013, changing the company's name (with amendments to MOA and AOA), and shifting the registered office. Consolidated e-voting results are awaited within 2 working days.
The agenda includes potentially significant structural changes — a name change, registered office shift, and broad authority to sell or dispose of the company's undertaking — which could materially alter the business's identity and operations. Shareholders should review the e-voting results once declared, as the short 8-minute meeting gave little time for detailed discussion on these weighty items.