Nature of Disclosure: Notice convening the 53rd Annual General Meeting (AGM) of Prismx Global Ventures Limited to be held through Video Conferencing/Other Audio Visual Means.
AGM Details:
- The 53rd AGM will be held on Tuesday, 29th September, 2026 at 12:30 PM IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM).
- The deemed venue is the Registered Office at Office No. 303 3rd Floor Relcon House Premises CHL Plot No. 15/A, M G Road, Vile Parle East, Mumbai-400057.
- The Register of Members and Transfer Book will remain closed from 23rd September, 2026 to 29th September, 2026.
- The cut-off date for determining members entitled to vote is 22nd September, 2026.
Ordinary Business:
1. Adoption of Financial Statements: To consider and adopt:
- Standalone Audited Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors
- Consolidated Audited Financial Statements for FY ended March 31, 2026 with report of Auditors
2. Appointment of Director Retiring by Rotation:
- Re-appointment of Ms. Priyanka Ramesh Shetye (DIN: 09719611) as Non-Executive, Non-Independent Director who retires by rotation
Special Business:
3. Appointment of Mr. Ravindra Bhaskar Deshmukh as Executive Director:
- Special Resolution to appoint Mr. Ravindra Bhaskar Deshmukh (DIN: 00290973) as Executive Director who has attained age of 70 years
- Appointment period: 5 years effective from 29th September, 2026
- Remuneration: Up to ₹10 lakhs per annum with no perquisites
- In case of loss or inadequacy of profits, this will be paid as minimum remuneration subject to Schedule V compliance
4. Re-appointment of Ms. Ankita Hasmukhdas Sethi as Independent Director:
- Special Resolution for second term of 5 years from 22nd October, 2026 to 21st October, 2031
- Currently holds office until 21st October, 2026
- DIN: 08467476
5. Re-appointment of Mr. Sandeep Kumar Sahu as Independent Director:
- Special Resolution for second term of 5 years from 22nd October, 2026 to 21st October, 2031
- Currently holds office until 21st October, 2026
- DIN: 06396817
- Holds directorships in other listed companies: Panorama Studios International Limited, Indian Infotech And Software Limited, Citygold Credit Capital Limited, Tahmar Enterprises Limited
6. Appointment of Secretarial Auditors:
- Ordinary Resolution to appoint M/s. Jay Bhatt And Associates, Practicing Company Secretaries (C.P. No. 28320) as Secretarial Auditors
- Appointment period: 5 years from conclusion of 53rd AGM till conclusion of 58th AGM
- To conduct secretarial audit for period from 1st April, 2026 to 31st March, 2031
- Remuneration to be mutually agreed upon
7. Change of Main Object Clause:
- Special Resolution to alter Clause III A of Memorandum of Association
- New objects include: dealing in all types of shares and securities; lending and advancing money to individuals, firms, companies; borrowing for lending operations; commodities trading including gold, silver, gems; and any other business/services in company's interest
- Requires approval of Registrar of Companies
8. Approval of Related Party Transactions:
- Ordinary Resolution to approve related party transactions with specified parties with limit of ₹1 crore with each related party
- Related Parties:
- M/s. Tmart Platform India Private Limited
- Mr. Ravindra Bhaskar Deshmukh
- Mr. Salil Deshmukh (Director of Tmart Platform India Private Limited and son of Mr. Ravindra Bhaskar Deshmukh)
- Ms. Priyanka Ramesh Shetye
- Nature of transactions includes sale/purchase of goods, materials, assets; property transactions; leasing; services; appointment of agents; appointments to office of profit; subcontract arrangements; borrowing from/lending to related parties
Voting Arrangements:
- Remote e-voting period: Saturday, 26th September, 2026 to Monday, 27th September, 2026
- NSDL appointed as e-voting agency
- Physical attendance dispensed with, no proxy facility available
- Members can join VC/OAVM 15 minutes before/after scheduled time
- Facility available to first 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)
Regulatory References:
- Conducted in accordance with MCA General Circular No. 09/2024 dated 19th September 2024 and previous circulars
- SEBI Circular No. SEBI/HO/DDHS/P/CIR/2023/0164 dated 7th October 2023 and previous circulars
- Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Sections 108, 136, 101 of Companies Act, 2013 read with relevant rules
Additional Information:
- Annual Report available at www.prismxglobal.com
- Registrar and Share Transfer Agent: Purva Share registry India Private Limited
- Scrutinizer: Mr. Jay Bhatt, Practicing Company Secretary (M/s. Jay Bhatt & Associates)
- Results will be placed on company website and NSDL website after declaration