Notice of 1st Extraordinary General Meeting of the Company for FY 2025-26 scheduled to be held on Friday, 30th May, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Minal Industries Limited has called its 1st Extraordinary General Meeting (EGM) for FY 2025-26 on Friday, 30th May 2025 at 11:00 AM via video conferencing, with the cut-off date for voting eligibility set as 23rd May 2025. The only item on the agenda is a special resolution to regularise the appointment of Mr. Divyanshu Navlakha (DIN: 01162140) as a Non-Executive Non-Independent Director, who was appointed by the Board as an Additional Director on 4th March 2025. Mr. Navlakha is related to the Managing Director and Promoter, Shrikant Jesinglal Parikh, and already holds 1.75 crore shares in the company, making him a significant shareholder. He is a Graduate Gemologist with experience in diamonds and precious/semi-precious stones, and no remuneration has been proposed for his directorship. Remote e-voting will be open from 27th May (9:00 AM) to 29th May (5:00 PM) via NSDL.
This is a routine procedural EGM to formalise the appointment of a promoter-group director who already sits on the board and holds a large stake; it is unlikely to have any meaningful impact on the stock price or minority shareholders.