MFL India Ltd — Others, 02-08-2025: AGM/EGM

MFL India's 42nd Annual General Meeting saw shareholders approve the audited financial statements for FY2025. Key resolutions passed include re-appointing a director and appointing a new Secretarial Auditor for five years. A significant approval was the re-classification of Mr. Vineet Arora's 15,12,602 equity shares, approximately 0.4% of paid-up capital, from Promoter to Public category, altering the shareholding structure. Additionally, the meeting sanctioned a revised monthly remuneration of Rs. 0.025 Cr for Managing Director Mr. Anil Thukral and approved material related party transactions. Shareholders also gave their consent for converting existing and future loans into equity, providing potential capital structure flexibility for the company.