Magadh Sugar & Energy Limited has informed the Exchange regarding 'Corrigendum To The Notice Of The 11Th Annual General Meeting'.
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Magadh Sugar & Energy has issued a corrigendum to its 11th AGM notice (originally dispatched on July 11, 2025) to fix an inadvertent error in Resolution Item No. 7, its Explanatory Statement, and Annexure I. The original notice had omitted references to Sections 2(51) and 203 of the Companies Act, 2013, along with the words 'Key Managerial Personnel' and 'liable to retire by rotation, if required', relating to the appointment of Mr. Pankaj Singh (DIN 11090613) as Executive Director designated as Whole-time Director and KMP for three years from May 14, 2025. The 11th AGM is scheduled for Saturday, August 2, 2025, at 11:00 a.m. via video conferencing, with a recommended dividend of Rs. 12.50 per share (125%) and a record date of July 18, 2025. E-voting will run from July 29 to August 1, 2025. Other items on the AGM agenda include approval of audited FY25 results, re-appointment of Mr. Chandra Shekhar Nopany, ratification of the cost auditor's fee of Rs. 1,37,500, and appointment of M/s Vinod Kothari & Co. as Secretarial Auditor for five years starting FY26 at Rs. 2,50,000.
The corrigendum is a technical correction and does not change the substance of the resolutions or the proposed appointments. Shareholders should review the revised notice before voting; the dividend of Rs. 12.50 per share and the director appointments proceed as previously communicated.