We submit herewith the Proceeding of 42nd Annual General Meeting of the Company held today (September 26, 2025). The Meeting was commenced at 2.00 pm and concluded at 3.30 pm. Kindly ....
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Nilkanth Engineering Limited held its 42nd AGM on September 26, 2025 at its registered office in Mumbai, chaired by Managing Director Ms. Shiksha Agrawal. The meeting ran from 2:00 pm to 3:30 pm, with all requisite quorum present and the Statutory Auditor's Report containing no qualifications. Key resolutions included adoption of FY25 audited financial statements, re-appointment of Ms. Shiksha Agrawal as Director (retiring by rotation), and the appointment of Mr. Rajgopal Dhoot and Mr. Sunil Kumar Daga (both above 75 years of age) as Non-Executive Independent Directors for five-year terms via special resolutions. Shareholders also approved a new set of Articles of Association and the appointment of M/s Girish Murarka & Co. as Secretarial Auditor for FY2025-26 to FY2029-30. The Chairperson noted the company's business is limited to long-term investments and immovable property leasing, and management is cautious about deploying funds given credit, liquidity, market, and interest rate risks. Voting was conducted via NSDL remote e-voting from September 23-25, 2025, and ballot papers at the meeting.
This is a routine procedural AGM filing with no major surprises — all items are standard governance matters expected to pass without controversy. Shareholders should note management's candid admission that the company's current scale of business is very limited and that deploying financial resources meaningfully remains a challenge, which is an important consideration for future returns.