Notice of 31st AGM to be held on August 29, 2025 at 11:00 AM through Video Conferencing mode.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kreon Finnancial Services Ltd (Scrip Code: 530139) has announced its 31st AGM to be held on Friday, August 29, 2025 at 11:00 AM via Video Conferencing. The Register of Members will be closed from August 23 to August 29, 2025. Ordinary business includes adoption of audited financial statements for FY ended March 31, 2025 and re-appointment of Mrs. Henna Jain (DIN: 08383395), who retires by rotation and holds 30,00,000 shares (face value Rs.10 each). She is the sister of CMD Mr. Jaijash Tatia and co-founder of StuCred. Special business proposes amending the Memorandum of Association (MOA) to add a new object clause enabling the company to operate as a Payment Aggregator and Payment Gateway, as it plans to apply for an RBI Payment Aggregator License. Also proposed is the appointment of M/s. Lakshmmi Subramanian & Associates as Secretarial Auditor for a 5-year term (till the 36th AGM in 2030).
The MOA amendment signals a strategic shift into the RBI-regulated digital payments space, which could expand the company's business scope materially if the license is approved. The re-appointment of a promoter-group director and the new secretarial auditor appointment are routine governance items unlikely to move the stock on their own.