NOTICE, NOTES, RESOLUTIONS, ETC - EOGM - 12.11.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Decorous Investment & Trading Co Ltd has called an Extra-Ordinary General Meeting on Wednesday, 12 November 2025 at 11:00 AM via video conferencing to fix a compliance error around its statutory auditor. At the 42nd AGM held on 29 September 2025, shareholders had approved the re-appointment of M/s G.K. Kedia & Co. as statutory auditor, but the company later found out that the firm had already completed the mandatory 10-year rotation limit (two consecutive terms of five years) under Section 139(2) of the Companies Act, 2013. The Board, at its meeting on 18 October 2025, decided to cancel that re-appointment (treating it as null and void from the beginning) and propose M/s SMGA & Co., Chartered Accountants (FRN: 014671C), as the new statutory auditor until the conclusion of the 43rd AGM for FY 2025-26. G.K. Kedia & Co. has confirmed in writing that it is ineligible and has no objection to being replaced. Only one ordinary resolution is on the EGM agenda.
This is a routine regulatory-compliance fix — the previous auditor had hit the compulsory 10-year rotation cap, so a change was unavoidable. There is no change to business operations, capital, or dividends, and the stock price is unlikely to be meaningfully affected.