Gconnect Logitech and Supply Chain Limited has issued a notice for its 4th Annual General Meeting (AGM) scheduled to be held on Friday, 30th October, 2026 at 12:00 P.M. through Video Conferencing and Other Audio-Visual Means (VC/OAVM).
Ordinary Business
1. Adoption of Financial Statements: To receive, consider and adopt the Audited Financial Statements for the year ended 31st March, 2026 along with notes and reports of board of directors and auditors.
2. Reappointment of Director: To appoint Mr. Vinod Venilal Sheth (DIN: 09679045) who retires by rotation and is eligible for reappointment.
Special Business
3. Appointment of Secretarial Auditor: To appoint M/s HD & Associates LLP, Practicing Company Secretaries (Firm registration no. L2026MH107500), as Secretarial Auditor for a term of 5 consecutive years commencing from FY2026-27 to FY 2030-31. Remuneration to be mutually agreed upon plus applicable taxes and expenses.
4. Increase in Authorized Share Capital: To increase the Authorized Share Capital from ₹4,00,00,000 (divided into 40,00,000 equity shares of ₹10 each) to ₹10,00,00,000 (divided into 1,00,00,000 equity shares of ₹10 each). This requires consequential amendment to Clause V of the Memorandum of Association.
5. Change of Company Name: To change the name from 'Gconnect Logitech and Supply Chain Limited' to 'Sheth Eba Global Venture Limited' or 'Sheth Eba Global Limited'. The Office of the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs has conveyed no objection to the name change vide letter dated March 13, 2025. This requires alteration of Clause I of the Memorandum of Association and all other documents.
6. Shift of Registered Office: To shift the Registered Office from Shop No.6, Sadguru Complex Nari Chowkadi, Bhavnagar-364001, Gujarat to Office No. 605, 101 Boulevard, Chakravarti Ashok Road, Kandivali East, Mumbai 400101, Maharashtra. This requires alteration of Clause II of the Memorandum of Association and approval of the Regional Director.
7. Conversion of Unsecured Loans: To create, offer, issue and allot equity shares of ₹10 each against conversion of unsecured loan up to ₹10 crores availed or proposed to be availed from Promoters and Promoter Group. The allotment shall be at the same terms and conditions as the proposed Rights Issue approved by the Board of Directors. The shares shall rank pari passu with existing equity shares.
Voting and Meeting Details
The Register of Members and Transfer Books will remain closed from Friday, 23rd October, 2026 to Friday, 30th October, 2026 (both days inclusive).
Remote e-voting will commence on Tuesday, 27th October, 2026 at 09:00 A.M. and end on Thursday, 29th October, 2026 at 05:00 P.M. The cut-off date for determining voting rights is Friday, 23rd October, 2026.
The company has appointed HD And Associates LLP as Scrutinizer for the e-voting process. Purva Sharegistry (India) Private Limited is the authorized e-Voting agency.
Explanatory Statements
The explanatory statement provides rationale for each resolution:
- The Secretarial Auditor appointment complies with Regulation 24A of SEBI Listing Regulations
- The capital increase is to broaden the capital structure and enable bonus share issuance
- The name change is considered in the interest of the company and has received MCA approval
- The registered office shift is proposed for convenience and economic benefits
- The loan conversion is to meet financial requirements and strengthen the company's position