SER Industries Ltd: Proceedings of Extra Ordinary General Meeting - Key Highlights

The Extra-ordinary General Meeting (EGM) of SER Industries Ltd was held on February 20, 2026. The meeting was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The key highlights of the meeting include the appointment of Mr. Sunil Kumar Shahi as Managing Director and Chairman, the regularization of Mr. Ayush Munnalal Sharma's appointment as an Independent Director, and the authorization of the Board to borrow up to INR 200 Crores. Other significant items on the agenda were the increase in limits for loans, guarantees, and investments, alteration in the main object clause of the Memorandum of Association, adoption of new Articles of Association, and a change in the name of the company to 'Desi Farms India Limited'. The EGM also sought approval to shift the Registered Office from the State of Karnataka to the State of Maharashtra and increase the Authorized Share Capital.