Announced Thu, 14 May · 12:39 IST

Extra Ordinary General Meeting (EGM) of the member of Mohite Industries Limited will be held at the Registered office of the Company at R. S. No. 347 Ambapwadi Phata Off NH 4 Vadgaon, Tal ....

Board & Shareholder Meetings View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+4.5%1-day move
₹2.42
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₹2.50
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AI summary

Mohite Industries Limited has convened an Extra-Ordinary General Meeting on 08th June 2026 at 11:00 AM at its Registered Office in Kolhapur. The meeting will address three items of Special Business, all requiring Special Resolutions: (1) Regularization of Mr. Sangramsinh Subhashrao Nimbalkar as a Non-Executive Independent Director (appointed as Additional Director on 09/03/2026, for a 5-year term); (2) Re-appointment of Bhushan Madhukar Deshpande as Independent Director for a second term of 5 years (up to 23/10/2030); and (3) Re-appointment of Nikhil Vijay Nawandhar as Independent Director for a second term of 5 years (up to 23/10/2030). E-voting opens on 05th June 2026 and closes on 07th June 2026, with the cut-off date for eligibility being 01st June 2026. Remote e-voting will be facilitated through CDSL. CS Sachin Bidkar has been appointed as the scrutinizer. None of the three directors hold any shares in the company and none have resigned from any listed entity directorships in the past three years.

Likely market impact

The EGM seeks shareholder approval for board composition changes — regularizing a new independent director and re-appointing two existing ones for another 5-year term. All three are Non-Executive Independent Directors not liable to retire by rotation, which strengthens board stability. Shareholders should participate in the e-voting process before the 7th June 2026 deadline.