Adjourned 30th AGM on Sept 11; company admits past borrowing non-compliance
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Goel Food Products called its adjourned 30th AGM for September 11, 2026 via video conferencing. Agenda includes FY26 audited financials and reappointment of Rashmi Goyal (wife of MD, holds 6.4 lakh shares). Key concern: company admits it borrowed beyond Section 180(1)(c) limits without shareholder approval and now seeks a special resolution to ratify this, warning of possible adjudication under Section 454. Also seeks to raise overall borrowing and Section 186/185 thresholds to Rs. 50 crore each. Remote e-voting runs September 8 to 10 via NSDL.
Investors should note the admission of past borrowing non-compliance and risk of regulatory action; vote also covers raising limits to Rs. 50 crore.