Pritika Auto Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 20, 2025
PRITIKAUTO · price
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Pritika Auto Industries has issued the notice for its 45th Annual General Meeting scheduled for Saturday, September 20, 2025 at 11:30 AM, to be conducted via video conferencing. Ordinary business includes adoption of audited standalone and consolidated financial statements for FY25 and the reappointment of Mr. Narinder Kumar Tyagi (Director and CFO) who retires by rotation. Among special business items, shareholders will vote on increasing the authorized share capital from Rs. 36.50 crore to Rs. 40 crore, creating room for an additional 1.75 crore equity shares of Rs. 2 each. Other resolutions include deletion of the Other Objects clause, amendment of the Liability clause of the MOA, appointment of M/s S K Sikka & Associates as Secretarial Auditor for five years (FY26 to FY30), ratification of Cost Auditor remuneration of Rs. 1,15,000 for FY26, and appointment of Mr. Bishwanath Choudhary as Independent Director for five years.
The proposed hike in authorized share capital suggests the company may be creating headroom for a future fundraising round, preferential allotment, or stock-based compensation, though no immediate dilution is announced. Shareholders holding unclaimed dividends from FY 2017-18 (Final Dividend) must claim them by October 15, 2025, otherwise both the dividend amount and corresponding shares will be transferred to the IEPF Authority by November 3, 2025.