Kriti Industries (India) Limited has informed the Exchange regarding Intimation and Submission of Notice of 1/2025-26 Extra Ordinary General Meeting of the Company to be held on 20th March, 2026 as required under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.
KRITI · price
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Kriti Industries (India) Limited has called an Extraordinary General Meeting (EGM) on 20th March 2026 at 10:30 AM through video conferencing. The EGM will consider two special resolutions: (1) amending the Memorandum of Association to add a new clause 31A permitting the company to generate, transmit, and distribute electricity from conventional and non-conventional sources including solar, wind, hydel, thermal, and biomass for captive consumption or commercial use; and (2) amending the Articles of Association to authorize the Board to set up and manage electricity generation plants. The Board had approved these proposals on 8th November 2025. The cut-off date for e-voting eligibility is 13th March 2026, and the remote e-voting window runs from 17th to 19th March 2026.
This is a strategic expansion move — the company is widening its business scope to enter power generation, especially solar energy for captive use and potentially commercial sale. If approved, this could lower the company's long-term electricity costs, make it eligible for government renewable energy benefits, and open a new revenue stream. The amendment does not change existing main business activities but adds a supplementary vertical.