Vivaa Tradecom Limited has issued notice for its 16th Annual General Meeting (AGM) to be held on Friday, August 7, 2026, at 11:30 A.M. at 402, Sheel Complex, Mayur Colony, Mithakhali, Navrangpura, Ahmedabad-380009, Gujarat, India.
Ordinary Business
1. Adoption of Standalone Financial Statements
- To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2026
- Includes reports of the Board of Directors and Auditors
- Requires passing of an Ordinary Resolution
2. Re-appointment of Director
- Mrs. Sangitaben Niranjankumar Jain (DIN: 01923253) retires by rotation and offers herself for re-appointment
- Requires passing of an Ordinary Resolution pursuant to Section 152 of Companies Act, 2013
- Profile details: 59 years old, appointed on 10th November 2022, holds 51,000 equity shares, non-executive director with experience in accounting and HR
Special Business
3. Increase in Borrowing Powers
- Special Resolution to borrow money up to ₹50 Crore (Rupees Fifty Crores Only)
- Pursuant to Sections 179, 180(1)(c) of Companies Act, 2013
- Borrowing may exceed aggregate of paid-up share capital, free reserves and securities premium
- Temporary loans from bankers in ordinary course excluded from this limit
- Board authorized to take necessary actions
4. Increase in Limits of Loans and Investments
- Special Resolution to authorize loans, guarantees, security provisions, and investments up to ₹50 Crore (Rupees Fifty Crore Only)
- Pursuant to Sections 179, 186 of Companies Act, 2013
- Limit is over and above the statutory limit of 60% of paid-up share capital, free reserves, and securities premium account or 100% of free reserves and securities premium account, whichever is more
- Board authorized to take necessary actions
5. Increase in Authorized Share Capital
- Special Resolution to increase Authorized Share Capital from ₹8,00,00,000/- (Rupees Eight Crores Only) divided into 80,00,000 Equity Shares of ₹10/- each to ₹11,00,00,000/- (Rupees Eleven Crores Only) divided into 1,10,00,000 Equity Shares of ₹10/- each
- Requires alteration of Clause V of Memorandum of Association
- Pursuant to Sections 13, 61 read with Section 64, Rule 15 of Companies (Share Capital and Debentures) Rules, 2014
- New shares will rank pari passu with existing equity shares
Administrative Details
Record Date: 31st July, 2026 for determining eligibility to attend AGM
Voting Arrangements:
- Remote e-voting period: Tuesday, 4th August, 2026 (9:00 a.m. IST) to Thursday, 6th August, 2026 (5:00 p.m. IST)
- E-voting service provider: Central Depository Services (India) Limited (CDSL)
- Scrutinizer: M/s. RPSS & Co., Company Secretaries
Document Availability:
- Annual Report and Notice available on company website: www.vivaatrade.com
- Documents available for inspection at registered office on working days between 11:00 a.m. to 2:00 p.m.
Contact: Phone: +91 78598 69513, Email: cs@vivaatrade.com
Governance Notes
- None of the Directors or Key Managerial Personnel are interested in the special business resolutions
- Board recommends all resolutions for shareholder approval
- Proxy forms must be deposited at registered office not less than 48 hours before meeting
- Corporate members must send certified copy of Board Resolution authorizing representatives