Intimation of 34th Annual General Meeting of the Company to be held on September 30, 2025
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Munoth Financial Services Limited has notified its 34th Annual General Meeting scheduled for Tuesday, September 30, 2025 at 11:30 A.M., to be held via video conferencing. The register of members and share transfer books will remain closed from September 24 to September 30, 2025. Remote e-voting through CDSL will be open from September 27 (9:00 A.M.) to September 29 (5:00 P.M.), with September 23, 2025 as the cut-off date. Key resolutions include adoption of FY25 audited financials, reappointment of Mr. Vikas Munoth and Mr. Lalchand Munoth as directors retiring by rotation, and special resolutions for reappointment of Mr. Jaswant Munoth as Managing Director (3 years, Rs. 2 lakh/month) and appointment of Mr. Bharat Munoth as Whole-Time Director (5 years, Rs. 1 lakh/month). Additionally, Mr. C R Sasi and Ms. Mansi Chopra are proposed to be appointed as Independent Directors for 5-year terms, and shareholders will vote on amendments to the Articles of Association to give the board broader powers for issuing shares.
Shareholders should review and vote on these resolutions, particularly the reappointment and remuneration of promoter-family directors and the amendment to Articles of Association, which could expand the board's ability to issue shares via preferential offers or private placements, potentially affecting future dilution.