MOBIKWIKNSEOne Mobikwik Systems LimitedLowNeutral
Announced Wed, 20 Aug · 11:52 IST

One Mobikwik Systems Limited has informed the Exchange regarding the Notice of 17th Annual General Meeting scheduled to be held on Tuesday, September 16, 2025 at 03:30 p.m. (IST) along with Annual Report for the financial year 2024-25

Board & Shareholder Meetings View source PDF

MOBIKWIK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

One MobiKwik Systems has called its 17th Annual General Meeting for Tuesday, September 16, 2025 at 3:30 PM IST, to be held entirely through video conferencing. The Annual Report for FY 2024-25, including the Business Responsibility and Sustainability Report, has been emailed to all members. Five items of business will be taken up: adoption of the audited standalone and consolidated FY25 financial statements, re-appointment of Whole-Time Director Ms. Upasana Rupkrishan Taku (retiring by rotation), appointment of B S R and Co as statutory auditors for a fresh 5-year term (FY25-26 to FY29-30, with remuneration capped at Rs 90 lakh for FY26), appointment of Surya Gupta & Associates as secretarial auditors for 5 years (fees of Rs 1.75 lakh for FY26), and an amendment to the MobiKwik ESOP 2014 scheme. The ESOP amendment extends the validity of grants up to 15 years from the vesting date, lengthens the exercise window to 7 years post-vesting, and gives former employees up to 6 months after resignation to exercise vested options.

Likely market impact

Mostly routine AGM business with no major strategic surprises. The most notable item for shareholders is the ESOP plan amendment, which gives current and former employees a longer window to exercise stock options — this could result in modest future dilution if more options are eventually exercised. The auditor changes are effectively a continuation of the existing relationship under a restructured firm name, with no material change in fees. Shareholders should vote on the resolutions during the remote e-voting window of September 13-15, 2025, with the record date for voting eligibility being September 10, 2025.