Submission of AGM Notice and Annual Report for the year ended 31st March 2025
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Stellant Securities has filed the notice for its 34th Annual General Meeting scheduled for Friday, 29th August 2025 at 9:00 a.m. at its registered office in Nariman Point, Mumbai. Key special business items include a bonus share issue in the ratio of 4:1 (4 new shares for every 1 held), capitalizing up to Rs. 2.96 crore from free reserves. Other resolutions cover appointment of Mr. Jaydeep Pandya as Independent Director for 5 years, re-appointment of Mrs. Mangala Rathod as Whole-time Director for 3 years from 14 August 2025, amendment of the Objects Clause to add NBFC, investment, holding company, and advisory services businesses, adoption of a new Articles of Association, and appointment of M/s. Ashish O. Lalpuria & Co. as Secretarial Auditor for FY 2025-26 to 2029-30. E-voting window is open from 26 August to 28 August 2025, with cut-off date of 22 August 2025.
Shareholders stand to receive 4 bonus shares for each share held, which will increase the share count by 5x but proportionally adjust the price. The proposed shift to NBFC and investment-related business activities signals a potential change in the company's revenue model going forward.