EGM WILL BE HELD ON 26-12-2025 AT 11.00 AM TO REMOVE SULEKH KUMAR AGGARWAL
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KMG Milk Food Limited has called an Extraordinary General Meeting (EGM) on 26 December 2025 at 11:00 AM at its registered office in Kurukshetra, Haryana. The only item on the agenda is the removal of Mr. Sulekh Kumar Aggarwal (DIN: 01593131) from the position of Non-Executive Non-Independent Director with immediate effect. The proposal was approved by the Board of Directors on 28 November 2025 and is being put to shareholders as an Ordinary Resolution under Section 169 of the Companies Act, 2013. No specific reason or explanation for the removal has been disclosed in the explanatory statement; only the director himself is noted as having an interest in the resolution. The notice is signed by Basudev Garg, Whole-Time Director (DIN: 00282038).
Shareholders will need to vote on this removal at the EGM. The unexplained removal of a director may raise governance questions for retail investors, but since it is a non-executive non-independent position, day-to-day operations are unlikely to be affected in the short term.