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Awaiting price reaction for this filing.
Shree Ganesh Bio-Tech (India) Ltd has notified the 15th Annual General Meeting to be held on Friday, 26 September 2025 at 3:00 PM at the registered office in Kolkata. The ordinary business includes adopting the audited financial statements for FY ending 31 March 2025, re-appointing director Mr. Aman Patel (DIN: 08483544) who retires by rotation, and re-appointing M/s. Bipin & Co., Chartered Accountants as statutory auditors for a five-year term until the AGM in 2030. Two special resolutions are proposed: (i) raising the borrowing limit under Section 180(1)(c) to Rs. 100 Crores above paid-up capital and reserves, and (ii) authorising the board to give loans, guarantees, or make investments up to Rs. 100 Crores under Section 186. Remote e-voting via NSDL will be open from 23 September (9:00 AM) to 25 September (5:00 PM), with the cut-off date set at 19 September 2025.
The proposed increase in borrowing and investment limits to Rs. 100 Crores each signals the company is preparing for expansion or possible acquisitions, but it also expands the board's financial flexibility. Shareholders should review the auditor reappointment and the special resolutions, as passing them gives the board significantly higher spending and lending authority.