Enclosed herewith Notice of Extra-Ordinary General Meeting
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Groarc Industries India Ltd (formerly Telesys Info-Infra (I) Limited, BSE: 532315) has issued a notice for an Extra-Ordinary General Meeting scheduled on Friday, 2nd May 2025 at 12:30 PM (IST), to be conducted via Video Conferencing. The only business to be transacted is the re-appointment of Mr. Rajendhiran Jayaram (DIN: 01784664) as Whole Time Director for a 3-year term from February 14, 2025 to February 13, 2028. His proposed remuneration has been fixed at Rs. 10,000 per month across all three financial years (FY2024-25, FY2025-26, and FY2026-27 & 2027-28 till Feb 13, 2028), plus perquisites, gratuity, PF, mediclaim, and other benefits per company policy. The cut-off date for e-voting eligibility is April 25, 2025, with remote e-voting open from April 29, 2025 (9:00 AM) to May 1, 2025 (5:00 PM) via CDSL.
This is a routine governance filing. The re-appointment is largely procedural, with notably low fixed pay of Rs. 10,000/month, which limits dilution risk but also signals limited operational scale. No material business or financial impact for shareholders beyond standard director continuity.