BSEMedi Caps Ltd-$LowNeutral
Announced Thu, 18 Sept · 16:56 IST

Proceeding of 42ND Annul General Meeting Of Medi-caps Limited.

Board & Shareholder Meetings View source PDF

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AI summary

Medi Caps Limited held its 42nd AGM on 18th September 2025 via video conferencing, from 12:30 PM to 12:47 PM. Of the 10,845 total members, only 52 attended through VC. Mr. Alok K. Garg (Managing Director) chaired the meeting in place of Chairman Mr. Ramesh Chandra Mittal, who was unwell. Four ordinary/special resolutions were passed: adoption of audited standalone and consolidated financial statements for FY25, re-appointment of Mrs. Kusum Mittal as Director (retiring by rotation), appointment of Joshi Sahay & Company as Secretarial Auditor, and re-appointment of Mr. Dharmendra Solanki as Independent Director for a second 5-year term. The Statutory and Secretarial Auditor reports contained no qualifications or adverse remarks. The Chairman briefed members on the real estate project, the performance of wholly-owned subsidiary Medgel Private Limited, and the company's FY25 performance and future plans.

Likely market impact

This is a routine procedural disclosure confirming that the AGM was conducted in compliance with regulations and key resolutions were passed. No financial surprises, dividend changes, or major strategic shifts were announced. Voting results, which will be filed separately, will be the next update to watch for shareholders.