Kundan Minerals and Metals Limited has informed the Exchange regarding 'Intimation for adjournment of the Annual General Meeting dated 22nd September,2025 of M/s Kundan Minerals and Metals Limited ( Company )'.
Awaiting price reaction for this filing.
Kundan Minerals and Metals Limited's 58th Annual General Meeting (AGM), originally scheduled for 22nd September 2025 at 12:30 PM via video conferencing, has been adjourned because the required quorum was not met even after waiting half an hour until 1:00 PM. The meeting has been rescheduled to the same day next week — Monday, 29th September 2025 at 12:30 PM, to be held again through video conferencing. Remote e-voting through NSDL, which was active from 19th to 21st September 2025, has already been closed and the company is now publishing a notice of the adjourned AGM in newspapers. The original AGM agenda included adoption of FY2025 financial results, re-appointment of directors Mr. Vidit Garg and Mr. Deepak Gupta, and appointment of Bhambri & Associates as Secretarial Auditors for five years (FY2025-26 to FY2029-30).
This is a procedural delay with no direct effect on financials. However, lack of quorum often signals weak shareholder engagement, which is mildly negative for retail sentiment. Shareholders do not need to take any action as the new meeting date is 29th September 2025 and the e-voting window will likely be reopened for the adjourned meeting.