The 1st Extra Ordinary General Meeting for the financial year 2026-27 will be held on Monday, 04.05.2026 through Video Conferencing or other Audio Visual Means. The agenda of the meeting ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
F Mec International Financial Services Ltd has called its 1st EGM on May 4, 2026 via video conferencing. Three items are on the agenda: (1) Stock split - each ₹10 equity share will be subdivided into 5 shares of ₹2 face value each, aiming to improve liquidity and make shares more affordable for retail investors; (2) Bonus issue - 1 bonus share for every 10 shares held (after split), capitalized from free reserves up to ₹88.92 lakh, to reward shareholder loyalty; (3) Re-designation of Mr. Kabeer Chaudhary from Non-executive Director to Whole Time Director for 5 years at ₹1 lakh monthly remuneration, subject to RBI approval as the company is an NBFC. Remote e-voting runs from May 1-3, 2026.
The stock split and bonus issue are positive signals for shareholders as they increase share affordability and quantity without additional investment. The management change strengthens leadership continuity. Implementation deadline for bonus is June 2, 2026.