BSEMitshi India LimitedMediumNeutral
Announced Fri, 4 Sept · 21:00 IST

Board clears FY26 report, names new auditor, sets AGM on Sep 29

Board & Shareholder Meetings View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
-1.5%1-day move
₹14.70
prior close
₹14.85
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AI summary

Board met on 4 Sep 2026 and approved the FY26 Board's Report. It appointed Vishakha Agarwal and Associates as secretarial auditor for 5 years, replacing M K Samdani and Co who resigned due to professional commitments. Approved loans, guarantees and related party transactions under Sections 185, 186 and 188, and raised the FPI/FII/FDI/NRI investment cap to 49 percent of paid-up capital. 36th AGM set for 29 Sep at 3 PM via video conferencing. Book closure runs 23 to 29 Sep, e-voting 26 to 28 Sep.

Likely market impact

Routine board outcomes. Auditor change is standard. FPI cap hike to 49 percent may broaden foreign investor interest once shareholders approve.