Notice is hereby given that EOGM of the members of the Company will be held on Monday 5th May 2025 at 12:00pm through VC/ OAVM to transact the business set out in the notice convening the EOGM.
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Continental Controls Ltd has called an Extra Ordinary General Meeting (EOGM) on Monday, 5th May 2025 at 12:00 PM via video conferencing to seek shareholder approval on 10 items. Key proposals include altering the Object Clause of the Memorandum of Association to broaden business scope, adopting a new set of Articles of Association, and changing the authorised share capital structure to Rs. 1 crore divided into 10 lakh equity shares of Rs. 10 each. The company is also seeking approval to appoint Mr. Rajnish Kumar Pandey as Executive Director and Whole-Time Director (KMP) at a remuneration of Rs. 40,000 per month for one year, and to appoint three new Independent Directors (Ms. Chetna Gupta, Ms. Khusbu Agarwal, Mr. Abhay Kumar Sethia) for one-year terms and Ms. Lucy Maqbul Massey as Non-Executive Director for a 5-year term. The cut-off date for e-voting eligibility is 28th April 2025, with remote e-voting open from 2nd May (9:00 AM) to 4th May (5:00 PM).
Shareholders should review these resolutions carefully, as they involve a major restructuring of the company's constitutional documents and several new director appointments. The change in object clause signals a potential pivot or expansion into new business areas, while the low remuneration for the Whole-Time Director (Rs. 40,000/month) and one-year terms for most appointees warrant attention. The e-voting window is 2nd–4th May 2025, and the book closure from 29th April to 5th May means shareholders must hold shares by 28th April to be eligible to vote.