Key Details
Rationale for Extension
The application for extension was made vide SRN AC5569272 due to planning a capital restructuring, including a Rights Issue. The company stated that since the process requires multiple statutory and regulatory approvals, it would not be able to hold its AGM for FY 2025-26 on or before September 30, 2026.
ROC Order Details
The Government of India, Ministry of Corporate Affairs, Office of the Registrar of Companies, Chennai issued the extension order dated September 4, 2026. The company had made the application on August 27, 2026. The ROC considered the "special reasons stated by the company" and granted extension for a period up to November 30, 2026.
Conditions and Advisory
The ROC order advised the company "to be careful in future in compliance of the provisions of the Companies Act, 2013."
Future Timeline
The exact date of the AGM within the extended timeline will be finalized by the Board of Directors and communicated to the Stock Exchange in due course.