Notice of 40Th Agm of thecompany
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Delta Industrial Resources Ltd has issued notice for its 40th AGM to be held on Tuesday, September 30, 2025 at 10:00 AM via video conferencing. The cut-off date for e-voting eligibility is September 25, 2025, with remote e-voting open from September 27 (9:00 AM) to September 29 (5:00 PM) via CDSL. Shareholders will vote on seven items, including adopting the FY25 audited financial statements, re-appointing M/s Bhatter & Associates as auditors, and re-appointing Managing Director Lily Mundu (who retires by rotation). Key special resolutions include: (1) shifting the registered office from Delhi to Maharashtra, (2) regularising Mr. Aman Kumar Ray as Executive Director for three years from May 21, 2025, (3) enhancing the investment/loan/guarantee limit to Rs. 50 crore under Section 186, and (4) raising the borrowing limit to Rs. 50 crore under Section 180(1)(c).
The office relocation to Maharashtra and the higher borrowing/investment limits (Rs. 50 crore each) suggest the company may be preparing for expansion or restructuring. Approval of these resolutions will give the board wider financial flexibility but also increases leverage risk. The AGM outcome is procedural and unlikely to move the stock sharply unless shareholders reject key resolutions.