Notice of the AGM
Awaiting price reaction for this filing.
Shivom Investment & Consultancy Ltd has called its 34th AGM on Tuesday, December 30, 2025 at 09:00 A.M. (IST) at its registered office in Vile Parle (West), Mumbai. E-voting window runs from December 27-29, 2025, with the cut-off date set as December 23, 2025. Ordinary business includes adopting FY2025 audited financials and appointing M/s. S Parth & Co as statutory auditors. The company is also seeking shareholder approval to regularise five additional directors (two executive and three independent non-executive) appointed between August and September 2025. Special business includes a proposed name change to 'Prarambh Industries Limited' and alteration of the main objects clause of the Memorandum of Association. The name change and business pivot follow the takeover of the company by a new management pursuant to an NCLT-approved Resolution Plan under the Insolvency and Bankruptcy Code, with the new direction focusing on manufacturing of ferrous and non-ferrous metals and allied industrial activities.
This AGM is significant because it formalises a complete change in management and business direction after the IBC-driven acquisition. Shareholders are being asked to approve a rebrand to Prarambh Industries Ltd and a pivot into metals manufacturing, which could reshape the company's future revenue profile. Investors should review the explanatory statement carefully and consider voting on the name change, object clause alteration, and director regularisations, as these will define the company's strategic path going forward.