StockWatch
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Residential- Commercial Projects
AGM/EGM27 Aug 2026, 05:51 pm

Mega Nirman AGM Approves Auditor Appointment and MD Change

AI Summary

Mega Nirman and Industries Ltd announced that its 43rd Annual General Meeting (AGM) held on August 25, 2026, saw the approval of key resolutions. Shareholders overwhelmingly passed resolutions for the appointment of M/s. Krishan Rakesh & Co. as Statutory Auditors for five years and the change in designation of Mr. Ankan Gupta from Executive Director to Chairman-cum-Managing Director for five years. Additionally, the alteration of the Articles of Association was also approved. The voting results, consolidated by Scrutinizer Shiva Nishad, confirmed the passage of these resolutions with the requisite majority, following a voting period that included remote e-voting and voting via poll at the AGM.

Key Highlights

  • Statutory Auditors appointed for a 5-year term.
  • Mr. Ankan Gupta's designation changed to Chairman-cum-Managing Director.
  • Alteration of Articles of Association approved by shareholders.
  • AGM voting process included remote e-voting and poll.
  • Resolutions passed with the requisite majority.