Please find enclosed Proceedings of 18th Annual General Meeting held on 30th September,2025.
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Meghna Infracon Infrastructure Ltd (formerly Naysaa Securities Ltd) held its 18th AGM on September 30, 2025 via video conferencing, running from 9:30 AM to 9:50 AM. Eight resolutions were tabled — four ordinary and four special — including adoption of standalone and consolidated audited financials for FY25, re-appointment of a retiring director, appointment of S K Dwivedi & Associates as Secretarial Auditors, and key special resolutions seeking shareholder approval to raise the company's overall borrowing limit, create charges on assets, and give loans/guarantees each up to Rs. 250 crore. One shareholder registered to speak at the meeting. The voting results and scrutinizer's report are to be filed separately in due course.
The big-ticket items are the four special resolutions hiking borrowing, charge, and lending limits to Rs. 250 crore each, signalling potential for significantly higher debt and related-party transactions going forward. Shareholders should watch for the voting outcome and scrutinizer's report for the final approval tally on these expanded powers.