Gist of the Proceedings of the 2nd Annual General Meeting (Post CIRP) of the Company held on Monday 6th October 2025
Awaiting price reaction for this filing.
Harig Crankshafts Limited held its 2nd Annual General Meeting (Post CIRP) on 6th October 2025 via video conferencing, from 12:08 PM to 12:45 PM. The original meeting on 29th September 2025 had to be adjourned due to lack of quorum and was reconvened a week later. Three resolutions were tabled: adoption of audited financial statements for FY 2024-25, re-appointment of Mrs. Pragya Agarwal as director retiring by rotation, and appointment of M/s R&D Company Secretaries as secretarial auditors for 5 financial years. The Company Secretary noted that the auditor's report contained a qualified opinion, which was read out along with the company's response. E-voting was conducted from 26-28 September 2025, and the results will be declared separately. The meeting was chaired by Mr. Manoj Agarwal, Chairman and Managing Director.
Shareholders should note the qualified auditor opinion on FY25 financials, which is a governance concern warranting close attention. The 'Post CIRP' tag confirms the company has emerged from a corporate insolvency resolution process, suggesting a recovery phase. The lack of quorum at the first AGM attempt may indicate weak shareholder engagement, though the reconvened meeting proceeded normally.