Intimation of extension of time for holding Annual General meeting of the company for the financial year ended on March 31, 2025
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Oval Projects Engineering Ltd has received approval from the Registrar of Companies (ROC), Guwahati to extend the deadline for holding its 12th Annual General Meeting by three months. The company had applied under Section 96(1) of the Companies Act, 2013, as the original AGM deadline of September 30, 2025 could not be met. The ROC has granted the extension through a letter dated September 9, 2025, with the AGM date to be announced later upon Board approval. The ROC has also advised the company to be careful about complying with Companies Act provisions in the future.
This is a routine procedural compliance matter and does not materially affect shareholders. However, it may mildly raise governance concerns, as the company failed to hold its AGM within the statutory timeline and had to seek an extension, which could be viewed as a minor red flag by investors.