Announced Tue, 5 May · 16:19 IST

Summary of the proceedings of 1st Extra General Meeting of the Mega Corporation Limited

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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-0.8%1-day move
₹3.98
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AI summary

Mega Corporation Limited held its 1st Extra Ordinary General Meeting on May 5, 2026, through Video Conferencing. Five resolutions were transacted including three related to the Employee Stock Option Scheme-2025 (amendment, extension to group/subsidiary employees, and grants exceeding 1% of issued capital), and two director appointments. Mr. Kanishkkant Dubey was appointed as Non-Executive Non-Independent Director and Mr. Navratan Baid as Non-Executive Independent Director. Remote e-voting was conducted from May 2-4, 2026, with e-voting during the meeting for 15 minutes. The scrutinizer M/s Vikash Gupta & Co. oversaw the voting process. The meeting was chaired by Mr. Kunal Lalani, Non-Executive Director, and was conducted in compliance with Companies Act 2013 and SEBI LODR Regulations.

Likely market impact

Shareholders should note potential dilution from expanded ESOS with grants exceeding 1% of capital, and watch for updated shareholding patterns following director appointments. The meeting proceeding without any stated objections suggests shareholder approval of all resolutions.