ENCLOSED HEEWITH EGM OUTCOME & PROCEEDINGS OF EGM HELD ON 29TH APRIL, 2025
Awaiting price reaction for this filing.
Nutricircle Limited held its Extraordinary General Meeting (EGM) on 29th April 2025 at its registered office in Hyderabad, from 10:00 AM to 10:30 AM. The meeting was chaired by Managing Director Hitesh Mohanlal Patel. Only one special resolution was considered and passed: the regularization and appointment of Mr. Nitin Arvind Oza (DIN: 03198502) as an Independent (Non-Executive) Director of the company for a term of 5 years. Remote e-voting was conducted via Bigshare Services between 26th April (9:00 AM) and 28th April (5:00 PM), and e-voting was also available during the meeting. M/s. Amarendra Mohpatra & Associates acted as the scrutinizer. The detailed voting results and scrutinizer's report are to be filed with BSE on or before 2nd May 2025.
The appointment of a new Independent Director is a routine governance matter and is generally neutral for shareholders. Investors should watch for the voting results to be released by 2nd May 2025 to confirm the level of shareholder approval on the appointment.