Submission of notice of Annual General Meeting with revised Weblink
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Emmforce Autotech Limited has called its 2nd Annual General Meeting on Monday, 1st September 2025 at 11:30 A.M., to be held via video conferencing with the deemed venue at its Panchkula, Haryana registered office. Shareholders will consider adoption of the FY25 audited financial statements (standalone and consolidated) and the reappointment of Mr. Azeez Mehta, who retires by rotation. Two special business items are on the agenda: (1) appointing Mr. Kanwaljit Singh as Secretarial Auditor for a five-year term from FY26 to FY30 at a proposed fee of Rs. 1,50,000 per year plus taxes, and (2) seeking approval to extend an unsecured inter-corporate loan of up to Rs. 30 crore to its wholly-owned subsidiary Emmforce Mobility Solutions Private Limited, on top of an earlier Rs. 20 crore limit already approved. The subsidiary is fully owned by Emmforce Autotech together with directors Mr. Ashok Mehta and Mrs. Neetu Mehta, and the loan will carry interest at not less than prevailing bank rates, repayable on demand. A revised weblink to the FY25 Annual Report hosted on the company's website has been filed with BSE.
This is largely a routine AGM notice, but the proposed increase in the inter-corporate loan limit to the mobility subsidiary signals continued capital infusion into that business. Shareholders should review the FY25 results and the rationale for the larger loan exposure when voting on 1st September; the resolution for the subsidiary loan requires approval as a special resolution.