Extra-Ordinary General Meeting ("EGM") of the Members of the Company has been scheduled to be held on Saturday, January 03, 2026 at 11:00 A.M. (IST) through Electronic Mode (Video Conferencing ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
G S Auto International Limited has called an Extra-Ordinary General Meeting on Saturday, January 3, 2026 at 11:00 A.M. via video conferencing, with e-voting through CDSL from December 30, 2025 to January 2, 2026. The cut-off date to determine voting eligibility is December 26, 2025, and share transfer books will be closed from December 27, 2025 to January 3, 2026. Three resolutions are on the agenda: (1) a Special Resolution to adopt a new Memorandum of Association aligned with the Companies Act, 2013 by removing Clause III(C); (2) an Ordinary Resolution to increase the Authorised Share Capital from Rs. 13 crore (2.60 crore equity shares of Rs. 5 each) to Rs. 25 crore (5 crore equity shares of Rs. 5 each); and (3) a Special Resolution to raise the Section 186 limit for loans, investments, guarantees and securities from Rs. 10 crore to Rs. 25 crore. The increase in authorised capital leaves room for potential future fundraising or stock splits, though no specific issue is announced in this notice.
Shareholders should note that the proposed doubling of authorised capital and the wider Section 186 borrowing/investment limit give the board significant flexibility for future fundraising, acquisitions, or financial assistance to other entities, though no immediate dilution or capital action is announced. Existing shareholders have until January 2, 2026 to vote electronically on these enabling resolutions.