Proceedings of the 40th Annual general Meeting of the Company held on 29th September, 2025
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Mega Corporation Limited held its 40th AGM on 29th September 2025 at 2:30 PM via video conferencing, which concluded at 2:43 PM. Five business items were transacted: (1) adoption of financial statements for FY ending 31st March 2025, (2) re-appointment of Mr. Surendra Chhalani as Director (retiring by rotation), (3) appointment of M/s. Manish Pandey & Associates as Statutory Auditor for five years (FY2025-26 to FY2029-30), (4) appointment of M/s. Vikash Gupta & Associates as Secretarial Auditor for five years, and (5) approval of the 'Mega Corporation Limited Employee Stock Option Scheme – 2025' (ESOP). Remote e-voting was conducted from 26th to 28th September 2025, and the results were to be submitted to BSE and posted on the company website. All board members were present except Mr. Vikram Anand.
Shareholders approved a new ESOP scheme, which could lead to equity dilution in the future, while the re-appointment of the existing director and auditors suggests continuity in management and governance. The very short duration of the AGM (13 minutes) and the limited operational details disclosed may limit near-term stock-moving information; investors should await the scrutinizer's consolidated voting results.