Shashank Traders Ltd Board Approves AGM Notice, Withdraws Preferential Issue
Shashank Traders Ltd announced that its Board of Directors, in a meeting held on September 7, 2026, approved the notice for the 41st Annual General Meeting (AGM) scheduled for September 30, 2026. The board also resolved to withdraw and supersede a previous approval for the issuance and allotment of equity shares on a preferential basis, meaning the company will not proceed with that proposal. Additionally, the board appointed Mr. Sudhansu Sekhar Panigrahi as the Scrutinizer for the e-voting process and M/s. MAS Services Limited as the Registrar and Transfer Agent for e-voting services. NSDL was appointed for providing electronic voting facilities. The cut-off date for determining voting entitlement was set as September 23, 2026.
Key Highlights
- Board approved notice for 41st AGM scheduled for September 30, 2026.
- Company withdraws previous approval for preferential issue of equity shares.
- Scrutinizer and e-voting agency appointed for AGM.
- Cut-off date for AGM voting entitlement set as September 23, 2026.
- AGM to be conducted via Video Conferencing/Other Audio-Visual Means.
Price Impact
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