AGM/EGM30 Apr 2026, 06:03 pm
Swadha Nature to hold 34th AGM on May 28, 2026; proposes capital reduction
AI Summary
Swadha Nature Ltd. announced its 34th Annual General Meeting (AGM) will be held on Thursday, May 28, 2026, at 11:30 A.M. (IST) via Video Conferencing. Key agenda items include the adoption of audited financial statements for the financial year ended March 31, 2026, and the re-appointment of Mr. Dipakkumar Shah as a Director. A significant special business item is the proposal to approve a Scheme of Capital Reduction. The company plans to reduce its issued, subscribed, and paid-up capital from ₹4,09,45,000 to ₹58,49,290 by extinguishing accumulated losses of ₹3,50,95,710 as of March 31, 2026. This reduction aims to wipe off a substantial portion of the total accumulated losses of ₹3,80,80,715.
Key Highlights
- 34th Annual General Meeting scheduled for May 28, 2026, via Video Conferencing.
- Shareholders to consider and adopt FY26 audited financial statements.
- Proposal for re-appointment of Director Mr. Dipakkumar Shah.
- Special resolution to approve a Scheme of Capital Reduction.
- Capital to be reduced from ₹4.09 Cr to ₹0.58 Cr to extinguish ₹3.51 Cr accumulated losses.
Price Impact
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