Outcome of Board Meeting held on September 01, 2025
Awaiting price reaction for this filing.
Harig Crankshafts' board met on September 1, 2025 and approved the Board Report for FY2024-25. It approved the re-appointment of Mrs. Pragya Agarwal (wife of Managing Director Manoj Agarwal) as a Director, subject to shareholder approval at the upcoming AGM. The board also appointed M/s R&D Company Secretaries as Secretarial Auditors for a 5-year term covering FY2025-26 to FY2029-30. The 2nd Annual General Meeting (post-CIRP) has been scheduled for September 29, 2025 via video conferencing, with e-voting through NSDL open from September 26 to September 28 and a cut-off date of September 22. This is the company's second AGM after completing the Corporate Insolvency Resolution Process, indicating it has recently emerged from insolvency proceedings.
Mostly routine corporate governance and AGM-related items with no direct financial or operational impact on shareholders. The context of a post-CIRP AGM suggests the company is still in its early phase of normal operations after insolvency resolution, which investors may want to monitor closely.