Intimation of letter under Regulation 36(1)(b)
Awaiting price reaction for this filing.
Inditalia Refcon Ltd has informed BSE about its 39th Annual General Meeting scheduled for Tuesday, September 30, 2025 at 12:30 PM (IST) to be held in physical mode at the company's corporate office in Vile Parle (East), Mumbai. The record date for determining member eligibility is fixed as September 23, 2025. AGM business includes adoption of FY25 financial statements, appointment of M/s. Shah Kailash & Associates as Statutory Auditors for five years (till 44th AGM), reappointment of M/s. Nisha & Associates as Secretarial Auditors for five years, and reappointment of Mr. Navin Sheth as Whole-time Director via Special Resolution. Key financials for FY 2024-25 show the company had no manufacturing or trading activity, with gross income of nil and a net loss of Rs. 6.78 lakhs. No dividend has been proposed. The Directors' Report also flags that the BSE's June 2023 Initial Public Notice for compulsory delisting remains in 'status quo', and the company paid a Rs. 3 lakh SEBI penalty in May 2024 for share-capital reconciliation issues. Post-balance-sheet changes include a board reconstitution in April 2025 with three new directors, Mr. Vipul Gandhi as new Chairman, and reappointment of Ms. Sujata Mital as Managing Director.
For shareholders, this is largely procedural: no dividend, continued losses, and the unresolved BSE delisting notice remain key overhangs on the stock. The proposed auditor reappointments and board changes are routine, though investors should note the ongoing delisting risk and the company's inactive business status.