The Adjourned AGM in continuation of 45th AGM was held today at 11.30 a.m. through VC/OVAM mode and the business as stated in the AGM notice dated 4th September, 2025 were transacted at ....
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Inland Printers Limited held its 45th AGM on 4th October 2025 via video conferencing, after the original meeting on 27th September 2025 was adjourned due to lack of quorum. Only 16 members holding 22,09,674 equity shares attended the reconvened meeting, which ran for just 15 minutes (11:30 a.m. to 11:45 a.m.). Six agenda items were transacted, including adoption of FY25 audited financials, re-appointment of a retiring director, appointment of Yatin Sangani & Associates as secretarial auditor for five years, and regularization of three directors (two independent and one non-executive). Voting results are pending and will be declared by 6th October 2025. The Company Secretary disclosed that the auditor's report flagged Rs. 28,000 in unpaid Professional Tax and notably stated that the company 'presently has no business,' though it plans to apply for registration to resume operations.
Shareholders should note the company's own admission that it currently has no active business, which is a significant concern despite the small size of pending statutory dues. The adjournment for want of quorum and the rush of director appointments suggest weak shareholder engagement and possible governance restructuring.