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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mega Nirman and Industries Ltd has filed its Annual Report for FY 2024-25 along with the notice for its 42nd Annual General Meeting, scheduled for August 26, 2025, in New Delhi. The company is positioning itself in the EV charging infrastructure space under the 'MegaCharge' brand. At the AGM, shareholders will vote on key items including an increase in authorized share capital from ₹50 crore to ₹60 crore and a Rights Issue of equity shares worth up to ₹50 crore. Other resolutions include the appointment of Mrs. Anubha Chauhan as a Non-Executive Independent Director and M/s Chandan J & Associates as Secretarial Auditors for a 5-year term. The document is primarily a regulatory filing and does not contain detailed financial figures.
The proposed Rights Issue of up to ₹50 crore will dilute existing shareholders' stakes but bring in fresh capital to fund the company's EV charging business expansion. The increase in authorized share capital and the director change are routine corporate actions requiring shareholder approval.