StockWatch
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Non Banking Financial Company (NBFC)
AGM/EGM24 Aug 2026, 05:20 pm

Rich Universe Network Ltd Schedules 36th AGM for Sep 21, 2026

AI Summary

Rich Universe Network Ltd has announced its 36th Annual General Meeting (AGM) will be held on Monday, September 21, 2026, at 04:15 P.M. at its registered office in Kanpur. The meeting agenda includes the adoption of audited financial statements for the fiscal year ended March 31, 2026, and the reappointment of a director retiring by rotation. A key item of special business is to take on record the non-implementation of resolutions passed via postal ballot on July 25, 2025, concerning an increase in authorized share capital and alterations to the Memorandum and Articles of Association. This non-implementation is attributed to the inability of proposed investors to infuse funds for requisite government and ROC fees, estimated at ₹35,00,000, leading to the lapse of these resolutions. The board is authorized to take necessary steps for regularization and potentially re-present these resolutions.

Key Highlights

  • AGM scheduled for September 21, 2026, at 04:15 PM.
  • Agenda includes financial statements and director reappointment.
  • Resolutions for share capital increase and MOA/AOA changes not implemented.
  • Non-implementation due to investor funding shortfall for fees.
  • Board authorized to regularize and potentially re-propose resolutions.