BSEDevinsu Trading LtdLowNeutral
Announced Sat, 4 Apr · 17:46 IST

Notice of Extra Ordinary General Meeting.

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Devinsu Trading Limited has called an EGM on April 27, 2026 to seek shareholder approval for appointing 4 new directors. The key appointments are: (1) Mr. Mukesh Kumar Bothra as Non-Executive Director for 5 years (a Chartered Accountant with 24 years experience, drawing no remuneration), (2) Mr. Umakant Kashinath Bijapur as Independent Director for 5 years (MSC Agriculture with 40 years experience, no remuneration), (3) Mr. Sahil Jain as Independent Director for 5 years (Chartered Accountant with 5 years experience, no remuneration), and (4) Mr. Deniis Desai as Whole Time Director for 5 years at Rs. 5,00,000 per month. The document notes that due to administrative constraints, the company could not convene the general meeting within the stipulated 3-month timeline per SEBI regulations. All appointments were initially made on February 4, 2026.

Likely market impact

This is a significant board reconstitution with 4 director appointments. The Whole Time Director appointment carries a monthly salary of Rs. 5 lakhs, which is a fixed cost commitment. Shareholders should note that this EGM is being held to regularize appointments that were made several months ago, and all resolutions require approval.