The Board approved following agends as per attachment.
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The Board of Directors met on 28th July 2025 and approved the draft notice and annual report for the 12th Annual General Meeting, scheduled for 29th August 2025 at 12:30 PM via video conferencing. A scrutinizer (Mr. Shravan Gupta) and e-voting service provider (Bigshare Services) were appointed for the AGM. The Board also approved increasing the company's authorised share capital from Rs. 2.32 crore (23.22 lakh equity shares of Rs. 10 each) to Rs. 5 crore (50 lakh equity shares of Rs. 10 each), subject to shareholder approval. Additionally, the Board approved shifting the registered office from Tamil Nadu to Mumbai, Maharashtra, also subject to shareholder approval.
The AGM approval is routine, but the proposed more-than-doubling of authorised capital could allow the company to issue new shares later, potentially diluting existing shareholders. The move of the registered office from Tamil Nadu to Mumbai is administrative and may signal a shift in operational focus to a financial hub.