Generic Engineering Construction and Projects Limited — Important, 19-12-2024: General Updates

The Board meeting has not approved the financial results for the quarter ended June 30, 2024, and for the quarter and half-year ended September 30, 2024. Following the Audit Committee's recommendation, CS Yatin Yogesh Sangani from M/s. Yatin Sangani & Associates has been appointed as the Secretarial Auditor for the financial years 2023-24 and 2024-25, with a remuneration of ₹1.25 crore, subject to ratification at the upcoming Annual General Meeting (AGM). The AGM is scheduled for December 31, 2024, at 11:00 AM, to be conducted via video conferencing to accommodate shareholders. This outcome may signal a cautious approach by the Board, urging investors to monitor the situation closely for future developments.