Announced Wed, 3 Sept · 15:56 IST

Notice is hereby given that the 29th Annual General Meeting (AGM) of the members of Nagpur Power and Industries Limited will be held on Friday, September 26, 2025 at 02:00 PM (IST) through ....

Board & Shareholder Meetings View source PDF

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AI summary

Nagpur Power and Industries Ltd has called its 29th AGM on Friday, September 26, 2025 at 2:00 PM, to be held via video conferencing. Five resolutions will be put to shareholders: adoption of audited standalone and consolidated financial statements for FY ending March 31, 2025; re-appointment of Ms. Nidhi Salampuria (DIN: 07138654) as director retiring by rotation; appointment of M/s DSM & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30); re-appointment of Mr. Shyam Kanbargi (DIN: 01185605) as Independent Director for a second five-year term ending June 29, 2030; and approval for material related party transactions with The Motwane Manufacturing Company Private Limited (material subsidiary) involving inter-corporate deposits/loans/advances up to INR 15 Crores for FY 2025-26. Remote e-voting opens September 23, 2025 and closes September 25, 2025, with cut-off date September 19, 2025. The Register of Members will be closed from September 20 to September 26, 2025.

Likely market impact

This is a routine AGM notice with standard business items. Shareholders should note the cut-off date of September 19, 2025 to be eligible to vote, and the approval of up to INR 15 Crores in related party transactions with the material subsidiary is the only resolution requiring extra attention as it involves related-party dealings.