Nyssa Corporation Limited held a Board of Directors meeting on July 14, 2026, which commenced at 10:00 AM and concluded at 11:20 AM. The meeting approved multiple AGM-related agenda items in compliance with Regulation 29 of SEBI LODR Regulations, 2015.
Key Decisions Approved:
AGM Arrangements:
- Adopted Notice and Directors Report
- Approved Book Closure period for AGM
- 45th Annual General Meeting scheduled for Tuesday, August 11, 2026 at 3:00 PM IST
- AGM to be conducted through Video Conferencing (VC) / Other Audio Visual Means (OAVM)
- Appointed Ms. Isha Bothra (ACS No. A27531, C.P. No. 9949, Peer Review Certificate No. 2750/2022) as Scrutinizer for the AGM
Auditor Appointments:
- Appointed Internal Auditors effective from October 1, 2026 to September 30, 2027
- Appointed M/s. Bihari Shah & Co., Chartered Accountants, Ahmedabad (FRN: 119020W) as Statutory Auditor for first term of 5 years
- Replaces M/s. G P Sharma & Co. LLP, whose term expires upon conclusion of forthcoming AGM
- Appointed Ms. Isha Bothra as Secretarial Auditor for 5 years
Management Changes:
- Re-designated Mr. Sandeep Gaur (DIN: 05284870) as Chairman & Managing Director for 3 years
Financial Authorizations:
- Increased borrowing limits to ₹50.00 crore under Section 180(1)(c) of Companies Act, 2013
- Approved granting of loans and/or providing guarantees or security up to ₹50.00 crore under Section 180(1)(c)
- Approved granting of loans and/or providing guarantees or security up to ₹50.00 crore under Section 185
Capital Structure Changes:
- Increased Authorized Share Capital to ₹55,00,00,000 (Rupees Fifty-Five Crore)
- New capital divided into 55,00,00,000 (Fifty-Five Crore) Equity Shares of ₹1/- each
- New shares will rank pari-passu in all respects with existing Equity Shares
- Approved consequential amendment in Memorandum of Association
- Approved alteration and adoption of new set of Articles of Association