KG Petrochem Ltd — Others, 29-04-2025: AGM/EGM
29-04-2025 | 11:48 am
29-04-2025 | 11:48 am
KG Petrochem Limited provided the Scrutinizer's Report from its Extraordinary General Meeting, confirming the approval of two special resolutions with 100% votes in favor. The first resolution allows for an enhancement of limits for inter-corporate loans and guarantees. The second approves certain transactions under Section 185 of the Companies Act. Both resolutions were passed with votes representing 10.32% of the company's total paid-up capital, indicating strong shareholder support for the proposed corporate actions. This approval is significant for the company's financial flexibility and potential growth strategies.
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