Announced Fri, 5 Sept · 22:52 IST

We hereby submitting the Notice of AGM to be held on 27th September, 2025 along with the Annual Report for FY 2024-25

Board & Shareholder Meetings View source PDF

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AI summary

Prismx Global Ventures Ltd (BSE Scrip Code: 501314) has submitted the Notice of its 52nd Annual General Meeting along with the Annual Report for FY 2024-25. The AGM will be held on Saturday, 27th September 2025 at 12:00 noon through video conferencing. Key items on the AGM agenda include: adoption of standalone and consolidated financial statements, reappointment of Ms. Priyanka Ramesh Shetye (Non-Executive Director retiring by rotation), and appointment of M/s. Pravin Chandak & Associates as new Statutory Auditors in a casual vacancy caused by the resignation of M/s. Bansal Gourav & Associates. Shareholders will also vote on approving material related party transactions up to Rs. 200 crore over a 15-month period, and on the reclassification of two promoters — Dheeraj Shah (holding 0.93% stake) and Paresh Shah (holding 0.36% stake) — from the 'Promoter & Promoter Group' category to the 'Public' category.

Likely market impact

The change in statutory auditor and the proposal to reclassify two members out of the promoter group may be viewed as governance-related developments worth monitoring. The Rs. 200 crore related party transaction limit is a significant amount for a small-cap company and shareholders should review the details carefully before voting.