Clenon Enterprises Board Approves AGM Notice, Re-appointment, and Shareholder Proposals
Clenon Enterprises Limited's Board of Directors met on September 7, 2026, approving key items for the upcoming 35th Annual General Meeting (AGM) for the Financial Year 2025-26. The board recommended the re-appointment of Mr. Nitin Kumar Mathur, who is retiring by rotation. The AGM is scheduled for September 30, 2026. Several proposals requiring shareholder approval were also greenlit, including the sale of property/undertaking, borrowing limits, material related party transactions, and alterations to the Memorandum of Association. The company also approved the appointment of M/s Pawan Jain & Associates as scrutinizers for the e-voting process and fixed the cut-off date for remote e-voting as September 23, 2026. The Board's Report for FY 2025-26 was also approved.
Key Highlights
- Board approved notice for 35th AGM scheduled for September 30, 2026.
- Recommended re-appointment of director Nitin Kumar Mathur.
- Approved proposals for shareholder approval including property sale and borrowing limits.
- Approved material related party transactions and MOA alteration.
- Fixed cut-off date for e-voting and noted secretarial audit report.
Price Impact
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