Univastu India Limited Announces 17th AGM on Sept 21, 2026, with Key Resolutions
Univastu India Limited will hold its 17th AGM on September 21, 2026. Key resolutions include adopting FY26 financial statements, re-appointing a director, approving related party transactions up to ₹100 crores with a subsidiary, and increasing borrowing limits to ₹750 crores. E-voting is available from Sept 18-20, 2026.
The AGM agenda includes material decisions such as approving related party transactions up to ₹100 crores and increasing borrowing limits to ₹750 crores, which can have a significant financial impact on the company's operations and future growth.
The announcement concerns a routine AGM with standard corporate resolutions, including financial statement adoption, director re-appointment, related party transactions, and borrowing limits. There are no immediate positive or negative financial disclosures or significant business changes that would strongly influence sentiment.
Univastu India Limited has announced its 17th Annual General Meeting (AGM) for the financial year 2025-26, scheduled to be held on Monday, September 21, 2026, at 11:00 a.m. IST, at PYC Deccan Gymkhana in Pune. The meeting will address several key businesses, including the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the re-appointment of Mrs. Rajashri Pradeep Khandagale as a Director.
Additionally, the shareholders will vote on the ratification of remuneration for the Cost Auditor for FY 2026-27, CMA Harshad S. Deshpande. A significant agenda item is the approval of a related party transaction with its subsidiary, Univastu NUOS IoT Systems Private Limited, with an estimated value of up to ₹100 crores for the sale, purchase, transfer, or receipt of products, goods, materials, assets, or services on an arm's length basis from FY 2026-27 onwards.
Furthermore, the company seeks member approval to increase the limits for making investments, extending loans, and providing guarantees or securities, not exceeding ₹1000 crores over the prescribed limits under Section 186 of the Companies Act, 2013. Shareholders will also vote on a special resolution to approve the Board's power to borrow funds, with aggregate borrowings not exceeding ₹750 crores over the paid-up share capital and free reserves.
The cut-off date to record member entitlement for e-voting is Monday, September 14, 2026. The remote e-voting period will commence on Friday, September 18, 2026, at 9:00 a.m. and conclude on Sunday, September 20, 2026, at 5:00 p.m.
A plain-language summary of a public exchange filing by Univastu India Limited. Read the original for the full detail.