Minolta Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2025 ,inter alia, to consider and approve We wish to inform you that ....
Awaiting price reaction for this filing.
Minolta Finance has called a board meeting on August 12, 2025 to consider and approve the unaudited financial results for the quarter ended June 30, 2025, along with the limited review report. The board will also consider a shift of the registered office from West Bengal to Maharashtra, an Employee Stock Option Plan (ESOP) scheme for 2025, and a request from certain promoters seeking reclassification of their shareholding from 'Promoter/Promoter Group' to the 'Public' category. Multiple auditor changes are on the agenda: a new Statutory Auditor (M/s JCR & Co.), a new Internal Auditor (M/s Varun Golecha & Associates), and a new Secretarial Auditor (M/s Amruta Giradkar & Associates) will replace the outgoing firms. Director Dinesh Kumar Patnia will be re-appointed, and 5% of profits remuneration has been proposed for Non-Executive Non-Independent Directors Arvind Gala and Kunjal Gala. The trading window for insiders remains closed from July 1, 2025 until 48 hours after the board meeting concludes.
Shareholders should watch for the Q1 FY26 results announcement and the auditor changes, which can sometimes raise governance questions. The promoter reclassification request, if approved, could change the shareholding pattern and free-float dynamics of the stock.