Announced Fri, 5 Sept · 16:40 IST

Submission of Notice of 10th Annual General Meeting of the Company.

Board & Shareholder Meetings View source PDF

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AI summary

Maximus International Limited has submitted the notice for its 10th AGM, scheduled for Tuesday, 30th September 2025 at 2:00 PM IST via Video Conferencing. Shareholders will vote on five items: (1) adoption of audited standalone and consolidated financial statements for FY ending 31st March 2025, (2) re-appointment of Mr. Anand Muley (DIN: 08616809) as a Director liable to retire by rotation, (3) appointment of Mr. Kamal A Lalani as Secretarial Auditor for five consecutive years (FY2025-26 to FY2029-30) at Rs. 42,500 per annum plus taxes, (4) approval for material related party transactions for FY2026-27 with 18 listed related parties covering purchase/sale of goods, loans, guarantees, and investments, and (5) approval to convert prospective loans from promoter/non-promoter groups up to Rs. 20 Crores into equity shares. Record date for e-voting eligibility is 23rd September 2025, with remote e-voting open from 27th to 29th September 2025.

Likely market impact

Two special resolutions (Item 4 and Item 5) are shareholder-sensitive: the Rs. 20 Crore loan-to-equity conversion could lead to equity dilution for existing shareholders, and the broad material related party transactions approval covers multiple overseas and domestic entities including promoter-linked firms. Investors should review the explanatory statement carefully before voting, as both items require special resolution approval.