Announced Mon, 8 Jun · 17:23 IST

Intimation of Adjournment of EGM to be held on Monday, 15th June 2026 at 11.00 a.m. at registered office of the Company.

Board & Shareholder Meetings View source PDF

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₹2.30
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AI summary

Mohite Industries informed BSE that its Extra-Ordinary General Meeting (EGM), originally scheduled for June 8, 2026, could not be conducted because the required quorum of members was not present. In line with the Companies Act, 2013 and the company's Articles of Association, the meeting has been formally adjourned. The reconvened EGM will now be held on June 15, 2026, at 11:00 a.m. at the company's registered office in Vadgaon, Kolhapur, to transact the same business as in the original notice.

Likely market impact

This is a procedural development rather than a business update — the resolutions on the EGM agenda remain pending until the adjourned meeting. For shareholders, lack of quorum at an EGM can be a minor governance red flag, suggesting low shareholder engagement or possible reluctance around the agenda items, though it does not directly impact financials.