32nd AGM held; Rights Issue proposed, 7 resolutions transacted
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Onesource Industries held its 32nd AGM on September 30, 2026 via video conference from 11:10 AM to 11:28 AM. All 8 directors and KMPs attended. Seven resolutions were transacted including approval of FY26 financials, appointment of Simran Mishra as Managing Director for 5 years, regularisation of two independent directors, and alteration of the object clause of MOA. Chairperson also announced a proposed Rights Issue to fund business expansion. Auditor reports had no qualifications.
Rights Issue plans could mean equity dilution ahead. New MD appointment signals strategic direction change. Voting results pending scrutiny.