Announced Fri, 29 Aug · 16:55 IST

Notice of 40th annual general meeting of Mega Corporation Limited scheduled to be held on 29th September, 2025

Board & Shareholder Meetings View source PDF

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AI summary

Mega Corporation Limited has notified its 40th AGM to be held on 29th September 2025 at 2:30 PM through video conferencing. The agenda includes adoption of FY2024-25 financial statements, re-appointment of Mr. Surendra Chhalani (DIN: 00002747) as director (retiring by rotation), and appointment of M/s. Manish Pandey & Associates as statutory auditor for 5 years (FY2025-26 to FY2029-30) at ₹1.50 lakhs remuneration for FY2025-26. Special business items include appointing M/s. Vikash Gupta & Associates as secretarial auditor for 5 years (₹40,000 remuneration for FY2025-26) and seeking shareholder approval for an Employee Stock Option Scheme 2025 covering up to 50 lakh stock options, convertible into equal equity shares of ₹1 face value. Book closure runs from 23rd to 29th September 2025, with remote e-voting open from 26th to 28th September 2025.

Likely market impact

The ESOP Scheme 2025 could lead to equity dilution of up to 50 lakh shares, which shareholders should factor into their voting decision. Auditor appointments and director re-appointment are routine governance items requiring shareholder approval.