Notice of Annual General Meeting
Price
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Awaiting price reaction for this filing.
MFS Intercorp Ltd has called its 39th Annual General Meeting on Friday, 26th September 2025 at 1:30 PM, to be held via video conferencing. Shareholders will consider adoption of audited financial statements for FY ending 31st March 2025. A key proposal is to increase the authorised share capital from ₹5 crore (50 lakh equity shares) to ₹15.001 crore (1.50 crore+1 thousand shares of ₹10 each), which supersedes an earlier October 2024 postal ballot resolution. Two new directors — Mr. Pritesh Ashvinbhai Patel and Mr. Satishkumar Suthar — are being regularised as Non-Executive Non-Independent Directors for 5-year terms starting 1st June 2025. The company also seeks approval to appoint Mr. Suhas bhattbhatt of M/s. S Bhattbhatt & Co. as Secretarial Auditor for 5 years (April 2025 to March 2030).
The tripling of authorised share capital signals potential future fundraising, a stock split, or issue of bonus shares, though no specific plan is mentioned. New director appointments and the secretarial auditor change are routine governance items and unlikely to move the stock on their own.