StockWatch
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Civil Construction
Auditor7 Sept 2026, 08:10 pm

Axentra Corp Ltd Re-appoints Statutory Auditor M Sahu & Co

AI Summary

Axentra Corp Ltd announced the re-appointment of M/S M Sahu & Co Chartered Accountants as its Statutory Auditor. This decision was approved by the Board of Directors during a meeting held on September 7, 2026. The auditor will serve for a period of 4 years, until the conclusion of the Annual General Meeting for the financial year 2029-2030, subject to member approval. The board meeting also covered the approval of the Board Report for FY26, fixing the date for the 34th AGM on September 30, 2026, and related share transfer book closure and cut-off dates. Additionally, the company approved a significant increase in authorized share capital, a share issuance for acquisition, and the issuance of convertible warrants.

Key Highlights

  • Statutory Auditor M Sahu & Co re-appointed for 4 years.
  • 34th AGM scheduled for September 30, 2026.
  • Authorized share capital to increase from ₹35 Cr to ₹70 Cr.
  • Company to issue shares and warrants for acquisition and cash.
  • Share transfer books closed from September 24-30, 2026.