We wish to inform your esteemed organisation that the 45th Annual General Meeting of the Company was held on 27th September 2025 at 04:00 P.M. through Video Conferencing or Other Audio ....
Awaiting price reaction for this filing.
Mipco Seamless Rings (Gujarat) Limited held its 45th AGM on Saturday, 27th September 2025 from 4:00 PM to 4:12 PM via video conferencing. Only 39 public shareholders attended (no promoters were present). Eight resolutions were tabled, all through remote e-voting. Key items included: adoption of audited financial statements for FY ended 31st March 2025, re-appointment of Mr. Venkata Rao Sadhanala as director (retiring by rotation), appointment of M/s. Bijan Ghosh & Associates as new statutory auditor, an increase in authorised share capital with consequent amendment to the Memorandum of Association, alteration of the object clause of the MoA, and regularisation of three directors — Mrs. Nikitha Sarda and Mr. Somnath Dasgupta as Independent Directors, and Mr. Vikky Jain as Whole-Time Director. Voting results are to be filed separately with the exchange.
The proposed increase in authorised share capital and change in the object clause hint at possible fundraising or a shift in business focus ahead. New auditor and director appointments are routine governance steps. Shareholders should wait for the voting results to gauge shareholder sentiment, especially since no promoters attended in person.