Company Update

Jagsonpal Finance and Leasing Limited's 34th Annual General Meeting saw shareholders adopt the Audited Financial Statements for FY 2024-25. Major approvals included the re-appointment of Director Mr. Karthik Srinivasan and the re-appointment of the Statutory and Secretarial Auditors.

Crucially, shareholders voted to change the company's name to 'Jagsonpal Services Limited' and alter its Memorandum of Association by deleting main object clauses related to finance and leasing.

This indicates a significant strategic shift away from its traditional finance and leasing operations.

An authorized representation for 45,50,000 Equity Shares, representing 24.99% of the paid-up capital, was present.