Mega Nirman and Industries Ltd — Important, 23-07-2026: Company Update

The board approved the notice for the 43rd Annual General Meeting, including the Directors’ Report for the last financial year. Share transfer books will be closed for the AGM, with e-voting arrangements confirmed. Notably, the Employee Stock Option Scheme agenda was not addressed. The board also approved, subject to shareholder consent, altering the Articles of Association to enable various employee share-based benefit schemes. Additionally, Mr. Ankan Gupta was appointed Chairman cum Managing Director for five years, subject to shareholder approval, following which Mr. Govind Mishra will step down as Chairman. This move impacts company leadership and future share issuance flexibility.