Intimation regarding the extension of Annual General Meeting of the Company for financial year 2024-2025
Awaiting price reaction for this filing.
Interworld Digital Limited has received approval from the Registrar of Companies (ROC), NCT of Delhi & Haryana, to extend its Annual General Meeting (AGM) for FY 2024-25 by 2 months and 1 day beyond the original deadline of 30 September 2025. The extension was granted under Section 96 of the Companies Act, 2013, citing difficulties faced by the company. The ROC has warned the company to be careful in future and ensure timely compliance with AGM-related provisions. The new AGM date will be communicated to BSE in due course, meaning the meeting could now be held as late as early December 2025.
Shareholders will need to wait longer for the AGM and associated financial disclosures. The delay and the ROC's explicit warning about future compliance may be viewed as a minor red flag regarding corporate governance, though no direct financial impact on shareholders is indicated.