Enclosed herewith is the copy of advertisement published in Newspapers relating to Notice of Extra Ordinary General Meeting, Cut Off Date, & E-Voting Intimation to shareholders.
SAHLIBHFI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shalibhadra Finance Ltd has called an Extra-Ordinary General Meeting (EGM) on Friday, 23rd May 2025 at 1:00 PM through video conferencing, seeking shareholder approval for two resolutions. The first resolution is to increase the company's Authorized Share Capital along with corresponding changes to the Capital Clause of the Memorandum and Articles of Association. The second resolution is for the issue of Bonus Equity Shares to shareholders. The cut-off date to determine voting eligibility is Friday, 16th May 2025, and the remote e-voting window runs from 9:00 AM on 20th May 2025 to 5:00 PM on 22nd May 2025. The EGM notice was emailed to shareholders on 29th April 2025 and the newspaper advertisement confirming these details was published on 30th April 2025 in 'Active Times' (English) and 'Mumbai Lakshadeep' (regional). The filing has been signed by Managing Director Minesh M Doshi (DIN: 01032705).
If approved, the bonus share issue would reward existing shareholders with additional free shares, generally seen as a positive signal. Shareholders must hold shares by the 16th May 2025 cut-off date to be eligible to vote on these resolutions at the EGM.