Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the Notice of 41st AGM of the Company scheduled to be held through Video Conference (VC)/Other ....
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Kalyan Capitals Limited (formerly Akashdeep Metal Industries Limited) has issued the notice for its 41st AGM scheduled for Thursday, August 14, 2025 at 3:00 PM, to be held via Video Conference (VC/OAVM). E-voting will be facilitated by NSDL from August 11 (9:00 AM) to August 13 (5:00 PM), with a cut-off/record date of August 7-8, 2025. Key business to be transacted includes: (1) Adoption of FY2024-25 audited financial statements, (2) Re-appointment of Ms. Prachi Gupta as director (retiring by rotation), (3) Appointment of M/s HKS & Associates, LLP as Secretarial Auditors for 5 years (till FY 2030 AGM) with proposed fees of up to Rs. 60,000 plus taxes, (4) Approval of material related party transactions with promoter group entities for FY2025-26 — covering 27 related parties with cumulative limits running into several hundred crores (highest being Share India Securities Limited at up to Rs. 150 crore), (5) Ratification of already-executed material RPTs for April-May 2025, (6) Re-appointment of Mr. Sanjeev Kumar as Independent Director for a second 5-year term (Sept 2025 to Sept 2030), and (7) Increase in Authorised Share Capital from Rs. 11.51 crore to Rs. 25 crore by creating 6.74 crore additional equity shares of Rs. 2 each. Corporate information also reflects recent top-level changes — new CEO Chandan Kumar Bhardwaj (from April 16, 2025), new CFO Abhijeet Singh (from November 19, 2024), and new Company Secretary Rohit Kumar (from April 16, 2025).
Shareholders have multiple significant matters to vote on — most notably a more-than-doubling of authorised share capital (from Rs. 11.51 crore to Rs. 25 crore), which gives the board wide headroom to issue new shares, and a sweeping approval for material related party transactions with 27 promoter-group entities for FY2025-26, raising governance attention given the scale of inter-group dealings. The RPT limits, director re-appointment, and capital expansion resolutions need shareholder approval; outcomes will be declared within two working days of the AGM.