Notice of AGM and Annual Report FY25
IMPEXFERRO · price
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Awaiting price reaction for this filing.
Impex Ferro Tech Ltd has informed the BSE and NSE that its 30th Annual General Meeting will be held on Friday, 26th September 2025 at 3:00 PM via video conferencing, along with the submission of the FY25 Annual Report. The company is currently under the Corporate Insolvency Resolution Process (CIRP), which was initiated by Auroma Coke Limited under Section 9 of the IBC by an NCLT Kolkata order dated 2nd May 2024. Mr. Ashok Kumar Sarawagi has been serving as the Resolution Professional since 12th July 2024, and the powers of the Board of Directors stand suspended and are vested with him. The only business to be transacted at the AGM is the ordinary item of adopting the audited financial statements for the year ended 31st March 2025; there is no special business. E-voting will be facilitated by CDSL, with the cut-off date fixed as 19th September 2025.
This is largely a procedural AGM filing, but the underlying context is critical: the company remains under CIRP, meaning normal Board governance is suspended and equity shareholders face the risk of significant dilution or minimal recovery under any resolution plan. Shareholders should monitor the CIRP timeline closely, as the AGM itself only seeks adoption of FY25 accounts and offers no fresh strategic or financial decision for investors.