Announced Sat, 6 Sept · 18:39 IST

Please find enclosed herewith the Notice of 37th AGM of the Company to be held on Monday, 29th September, 2025 at 01:00 P.M. through VC/OAVM.

Board & Shareholder Meetings View source PDF

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AI summary

Nouveau Global Ventures has notified BSE about its 37th AGM scheduled for Monday, 29th September 2025 at 1:00 PM IST, to be conducted via video conferencing. The AGM will consider adopting the audited financial statements for FY ended 31st March 2025 and the re-appointment of Mr. Mohit Khadaria as a director (retiring by rotation). Special business includes appointing M/s. Ritika Agrawal & Associates as Secretarial Auditors for a five-year term till the 41st AGM in 2030, and ratifying Mr. Nikhil Kumar Rungta as Independent Director (term up to August 2028). A key item is shareholder approval for related-party transactions of up to Rs. 50 crore per year with several group companies and entities linked to directors Krishan Khadaria and Mohit Khadaria, including Mystic Electronics, Mukta Agriculture, and 3M Enterprises. The Register of Members will be closed from 22nd to 29th September 2025, and remote e-voting runs from 26th to 28th September 2025.

Likely market impact

This is a routine AGM notice, but shareholders should review the substantial related-party transaction limits (collectively over Rs. 250 crore annually) involving promoter-linked entities, as these require their approval. The re-appointments of directors and the new secretarial auditor are standard governance items with no immediate material impact on the stock price.