Outcome for Board Meeting for approving the Corrigendum for Notice of AGM and Appointment of Company Secretary & Compliance Officer
Awaiting price reaction for this filing.
The board of Shri Krishna Prasadam Ltd met on September 19, 2025 and approved a corrigendum to its 16th AGM notice originally sent on September 1, 2025. The corrigendum corrects an error where the appointment of the Statutory Auditor to fill a casual vacancy was originally proposed for a 5-year term; this has now been revised to 1 year, as required by law, bringing the tenure to end at the 17th AGM in 2026 instead of the 21st AGM in 2030. The board also added an in-person attendance option at the registered office in New Delhi alongside the existing video conferencing mode for the AGM scheduled on September 26, 2025. Additionally, Ms. Garvita Gaba (ACS membership A65300) was appointed as Company Secretary & Compliance Officer effective September 19, 2025 under Section 203 of the Companies Act.
Shareholders should read the corrigendum alongside the original AGM notice; the auditor term is now correctly limited to 1 year and they have a new option to attend the AGM in person. The company's own admission of an error due to 'ignorance of law' is a mild governance concern, though the correction was made proactively before the AGM.