Euro Asia Exports Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/06/2025 ,inter alia, to consider and approve The Company hereby informs ....
Awaiting price reaction for this filing.
Euro Asia Exports Ltd has postponed its Board of Directors meeting originally scheduled for 4th June 2025 to 5th June 2025. The meeting was supposed to consider and approve the Audited Financial Results for the quarter and financial year ended 31st March 2025. The postponement was caused by the absence of both Independent Directors, which meant the meeting did not have the required quorum under the Companies Act, 2013 and SEBI LODR Regulations. The reconvened meeting will be held at the same venue and time. The trading window for dealing in the company's shares remains closed until 48 hours after the financial results are formally declared.
This is a procedural delay and not a negative business development, but shareholders may have to wait an extra day for the Q4 and FY25 results. The absence of both Independent Directors is a minor governance red flag worth noting, though the company appears to be following the rules by not proceeding without the required quorum.