Zooming into Governance—Summit Securities to Host AGM Virtually on August 7

Image Source: Malleswaram Club Bangalore

Summit Securities Limited has officially announced its 28th Annual General Meeting (AGM), scheduled for Thursday, August 7, 2025, at 11:30 a.m. IST, to be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting will focus on key governance and financial matters, including the adoption of FY25 financial statements, re-appointment of a director, and the appointment of Secretarial Auditors.

What’s on the Agenda?

Ordinary Business:

Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025.
Re-appointment of Mr. Manish Jain (DIN: 05307900), Non-Independent, Non-Executive Director, who retires by rotation and has offered himself for re-appointment.

Special Business:

Appointment of M/s. Parikh Parekh & Associates as Secretarial Auditors for a five-year term (FY 2025–26 to FY 2029–30), with initial remuneration set at ₹1,00,000 plus applicable taxes.

E-Voting and Participation Details

Remote e-voting opens on August 4 at 09:00 a.m. IST and closes on August 6 at 05:00 p.m. IST.
Cut-off date for voting eligibility: July 31, 2025.
Shareholders can access the Annual Report and AGM Notice on summitsecurities.net and NSDL’s e-voting portal.
Members wishing to speak or submit questions must register by August 3, with general queries accepted until August 4.

Shareholder Updates

The company’s Registrar and Share Transfer Agent (RTA) has been renamed to MUFG Intime India Private Limited, effective December 31, 2024.
Shareholders are urged to update contact details, submit PAN, and dematerialize physical shares to ensure secure and seamless services.
Dispute resolution is now supported via SEBI’s Online Dispute Resolution (ODR) Portal at smartodr.in.

Sources: Moneycontrol, Rediff MoneyWiz, Summit Securities – Official Website