Announced Wed, 6 May · 16:43 IST

Notice of 32nd Annual General Meeting of Shree Securities Limited.

Board & Shareholder Meetings View source PDF

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AI summary

Shree Securities Limited has called its 32nd AGM on June 2, 2026 at 12:00 PM IST via video conferencing. The meeting covers adoption of audited financial statements for FY ended March 31, 2025 under ordinary business. Under special business, there are three items for regularization of newly appointed Independent Directors: Mr. Smit Hasmukhbhai Rachhadiya (effective March 26, 2025 for 5 years), Mr. Kishankumar Dhirajlal Tilva (effective January 4, 2025 for 5 years), and Mrs. Dimpi Jatin Changela (effective January 4, 2025 for 5 years). Additional special business includes appointment of M/s Kirti Sharma & Associates as Secretarial Auditor for 5 years from FY 2025-26, approval to advance loans/guarantees/security under Section 185 up to 60% of paid-up capital plus free reserves, increase in investment/loan/guarantee threshold under Section 186 up to Rs. 100 Crores, and raising the FPI/FII shareholding limit from existing level to 49% of paid-up equity capital. E-voting runs from May 30 to June 1, 2026.

Likely market impact

Three director regularizations indicate board strengthening with new Independent Directors. The Rs. 100 Crore investment threshold under Section 186 significantly expands the company's ability to make inter-corporate investments. The FPI limit increase to 49% could attract more foreign capital if approved.