Proceedings of 12th Annual General Meeting of the company through VC/OAVM
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Oval Projects Engineering Ltd held its 12th Annual General Meeting on Tuesday, December 30, 2025 via Video Conferencing, running from 3:20 PM to 4:03 PM. As of the record date of December 23, 2025, the company had 541 shareholders, but only 6 attended the meeting (1 promoter and 5 public shareholders). The Chairman confirmed the statutory auditor's report was unqualified with no observations. Four resolutions were tabled: two ordinary resolutions covering adoption of FY25 audited financial statements and reappointment of Mr. Himangshu Mahawar as director (retiring by rotation), and two special resolutions seeking approval for enhanced borrowing limits under Section 180(1)(c) and creation of mortgage or charge on company assets under Section 180(1)(A) of the Companies Act, 2013. E-voting results will be filed with the stock exchange within 2 working days.
This is a routine procedural filing with no major surprises. The two special resolutions on higher borrowing limits and pledging assets indicate the company may be preparing to raise additional debt or take on secured loans. Very low shareholder turnout (6 of 541) is common for small-cap companies and unlikely to affect the stock.