Announced Thu, 4 Sept · 13:55 IST

As attached

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Softrak Venture Investment Limited has issued the notice for its 32nd AGM, scheduled for Friday, September 26, 2025 at 2:00 PM (IST) via Video Conferencing (VC)/OAVM. The ordinary business includes adoption of audited financial statements for FY ending March 31, 2025, re-appointment of Mr. Raghvendra Kulkarni (DIN: 06970323) as Executive Director (retiring by rotation), and approval of a final dividend of Rs. 0.005 per equity share (0.5% on face value of Rs. 1) for FY 2024-25. Special business items include appointing Mr. Ashvin Shantilal Trivedi as Non-Executive Independent Director for 5 years, re-appointing Mr. Sarjeevan Singh as Independent Director for a second 5-year term from June 15, 2025, and seeking shareholder approval under Section 186 to grant loans, investments and guarantees up to Rs. 250 Crores outstanding at any time. Remote e-voting via NSDL runs from September 23–25, 2025, with cut-off date September 19, 2025.

Likely market impact

Shareholders will receive a token dividend of Rs. 0.005 per share, and the company is seeking broad borrowing/investment headroom of up to Rs. 250 Crores, indicating potential future expansion in lending or investments. Routine director re-appointments and a small dividend suggest steady but limited cash distribution, with no major strategic surprise in the notice.