Notice of 05th Annual General Meeting of the Company
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GB Logistics Commerce Limited has notified its 5th Annual General Meeting to be held on Monday, September 29, 2025 at 3:00 PM IST at the registered office in Nagpur, Maharashtra. The AGM covers FY2024-25, with routine items including adoption of audited financial statements and re-appointment of Mr. Kashyap Budhaji Pakhide (DIN: 10299170), who retires by rotation. Three special business items are also on the agenda: appointment of M/s. VRG & Associates as Secretarial Auditor for a 5-year term, and two enabling resolutions to raise investment/loan limits under Section 186 and overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013, each capped at ₹150 crores. E-voting will be facilitated via NSDL from September 26-28, 2025, with cut-off date of September 24, 2025. The company operates in two verticals: full-truckload logistics and trading of agricultural commodities, with a wholly-owned subsidiary GB Hospitality (India) Private Limited.
Routine AGM notice with standard items. The two ₹150 crore cap resolutions on investments/loans and borrowings signal that the company wants flexibility for future expansion, acquisitions, or debt raising, though no specific plan has been disclosed. Shareholders should review the borrowing and investment resolutions carefully as they grant the Board broad financial latitude.