Intimation of Record / Cut-off Date (Friday, 26th December, 2025) for ascertaining the eligibility of Shareholders to cast their votes for the proposed resolutions of the Extra-Ordinary ....
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G S Auto International Ltd has called an Extra-Ordinary General Meeting (EGM) on Saturday, January 3, 2026, at 11:00 AM via video conferencing. The cut-off/record date to determine shareholder eligibility for e-voting is Friday, December 26, 2025, and the register of members will be closed from December 27, 2025 to January 3, 2026. Three resolutions will be tabled: (1) adoption of a new Memorandum of Association aligned with the Companies Act 2013 (Special Resolution), (2) increase in authorised share capital from Rs. 13 crore to Rs. 25 crore divided into 5 crore equity shares of Rs. 5 each (Ordinary Resolution), and (3) revision in the Section 186 limit for loans, investments, guarantees, and security from Rs. 10 crore to Rs. 25 crore (Special Resolution). Remote e-voting via CDSL will run from December 30, 2025 to January 2, 2026.
The increase in authorised capital is a preparatory step that creates room for future fundraising, stock split, or bonus issue, but does not itself dilute current shareholders. The higher Section 186 limit gives the company flexibility to extend loans or make investments in other entities, which could benefit growth but also raises exposure to related-party or external risks if utilised.