Announced Wed, 3 Sept · 17:36 IST

Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015, please find enclosed herewith Summary Proceedings of 40th Annual General Meeting of the company held on September 03, 2025 at ....

Board & Shareholder Meetings View source PDF

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AI summary

Enbee Trade & Finance Ltd held its 40th Annual General Meeting on September 3, 2025, at its registered office in Lower Parel, Mumbai, from 12:30 PM to 2:00 PM, with 79 members in attendance. The meeting was chaired by Managing Director Amarr Narendra Galla, with all key managerial personnel, statutory auditors (M/s HPVS & Associates), internal auditors (M/s Spire Risk Advisors LLP), and secretarial auditor/scrutinizer (M/s Feni Shah & Associates) present. The auditor's reports for FY2024-25 contained no adverse remarks or qualifications. Ten resolutions were put to vote, including adoption of audited FY2024-25 financials, re-appointment of Mrs. Ssamta A. Gaala as Whole-time Director, appointment of Mr. Hiren Gor as Independent Director for 5 years, increase in authorised share capital, appointment of statutory and secretarial auditors, ratification of related party transactions with Narendra Gala HUF, approval of material related party transactions for FY2025-26, and two special resolutions covering power to invest in property/gold/commodities and conversion of loans into shares or convertible instruments.

Likely market impact

The AGM was routine with standard governance items, but shareholders should watch for the voting results (due within 2 working days), particularly on the special resolutions involving authorised capital increase and loan-to-equity conversion, which could dilute existing holdings or alter the capital structure.