Vaxfab Enterprises Ltd — Others, 29-05-2025: AGM/EGM

Vaxfab Enterprises Limited has announced a board meeting to discuss key corporate matters at an Extraordinary General Meeting via video conferencing. The agenda includes expanding the company's business scope by amending its Memorandum of Association to add activities spanning tourism, transport, trading of goods including textiles, agro-inputs, precious metals, and agriculture-related manufacturing. The registered office will be shifted from Surat to Ahmedabad to enhance operational efficiency closer to the majority of directors. Several directors, including Mr. Nikhil Kumar Gupta and Mr. Nishant Subhashchandra Gandhi, will be regularized, while Mr. Ravindra Ashokbhai Joshi has been appointed Managing Director for three years with an annual remuneration cap of Rs. 10 lakh. Ms. Juhi Sawajani and Mr. Jinang Dineshkumar Shah have been appointed as Independent Directors for five years. Mrs. Shubhangi Rajkumar Agarwal will serve as Secretarial Auditor for five years starting April 2025. These changes reflect strategic diversification and strengthening of governance benefiting shareholders through wider business avenues and professional oversight.