Intimation of Compliance under Regulation 30 of SEBI LODR Regulations
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors of Surat Trade and Mercantile Limited, at a meeting held on July 14, 2026, approved convening the First Extra-Ordinary General Meeting (EGM) for FY 2026-27 on Monday, August 10, 2026, to be held via video conferencing, with July 18, 2026 set as the cut-off date for e-voting eligibility. Mr. Jigar Vyas of M/s Jigar Vyas & Associates has been appointed as the Scrutinizer for the e-voting process. The EGM will seek shareholder approval for three items: re-appointment of Mr. Suhail P. Shah as Whole-Time Director for 5 years, an increase in the limit for investments, loans, guarantees and securities under Section 186 of the Companies Act, 2013, and approval and ratification of Material Related Party Transactions with Managing Director Mr. Alok P. Shah for FY 2025-26. The re-appointment of Mr. Suhail P. Shah had already been approved by the Board on May 26, 2026.
This is a routine compliance filing informing shareholders of an upcoming EGM. Shareholders should review the agenda items, particularly the material related party transactions with the Managing Director, before exercising their voting rights at the August 10, 2026 EGM. The EGM outcome is unlikely to cause immediate share price movement but reflects normal corporate governance activity.