Maximus International Limited has scheduled a meeting of its Board of Directors to be held on Saturday, 10th October 2026. The primary agenda for the meeting includes:
- Consideration and approval of the conversion of outstanding loan into equity shares of the Company. This conversion is being pursued pursuant to the exercise of a conversion option by the Promoter, as per the terms of the Loan Agreement and the Special Resolution passed by Members under Section 62(3) of the Companies Act, 2013. The special resolution was approved at the 10th Annual General Meeting held on 30th September 2025.
- Consideration and approval for making an application to BSE Limited to obtain necessary in-principle approval and any other required approvals for the loan-to-equity conversion.
- Consideration of any other matters with the permission of the Chairperson.
The disclosure is made pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The proposal is subject to terms and conditions and requisite approvals under applicable provisions of the Companies Act, 2013, SEBI Regulations, and other applicable laws.