The Company has made as application to the ROC, seeking approval for extension of time for convening of AGM for a further period of three months, i.e up to 30.12.2025 for the financial ....
Awaiting price reaction for this filing.
Valecha Engineering has postponed its 48th AGM, originally due by 30 September 2025, and rescheduled it to 28 November 2025 at 3:30 PM. The Registrar of Companies (ROC) granted a 2-month-and-1-day extension (up to 1 December 2025), though the company had applied for a 3-month extension (up to 30 December 2025). The delay was caused by an NCLT order through which new management took over the company, requiring additional time to consolidate accounts. ROC has warned the company to be careful about future compliance with the Companies Act, 2013. Book closure is set from 21 November to 28 November 2025, with the cut-off date for voting on 14 November 2025 and e-voting from 25 to 27 November 2025.
Shareholders should note the new AGM date and book closure period, as trading will be restricted from 21 to 28 November 2025. The NCLT-driven management change and delayed financial reporting are red flags that investors should monitor closely for governance and financial health concerns.