Proceedings of the 33rd Annual General Meeting of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Heera Ispat Limited held its 33rd Annual General Meeting on Saturday, 12th July 2025, from 4:00 PM to 5:30 PM at Orient Club, Ahmedabad. The meeting was chaired by Mrs. Himanshi J. Jadeja (Chairman, Whole Time Director & CFO) and was attended by the Statutory Auditor, Secretarial Auditor, and senior officials. Six items of business were put to vote through e-voting (via CDSL, open from 9th July to 11th July 2025). Key resolutions included adoption of FY2024-25 audited financial statements, re-appointment of Director Mr. Chirag Dinesh Chandan (DIN: 03637913) via retirement by rotation, ratification of Statutory Auditor M/s Dhrumil A Shah, enhancement of borrowing limits under Section 180(1)(c) of the Companies Act 2013, conversion of unsecured loans into equity shares on a preferential basis to non-promoters, and appointment of CS Jaykumar Deepak Khatnani as Secretarial Auditor for five financial years. Scrutinizer Mr. Jaykumar Khatnani will announce combined voting results within 48 hours.
Shareholders should note two notable items: a proposed increase in the company's borrowing limit (could raise future debt) and conversion of unsecured loans into equity shares on a preferential basis (potential dilution for existing shareholders). Voting results, expected within 48 hours, will confirm the final outcome.