Ajel Limited has called an Extraordinary General Meeting (EGM) on October 15, 2026, in Mumbai, to address two key matters requiring shareholder approval. The company proposes to appoint M/s Maddukuru & Associates, Chartered Accountants, as the new statutory auditors following the resignation of G M K & CO. LLP on October 9, 2026. Additionally, Ajel Limited seeks to increase its authorized share capital from INR 12 Crore to INR 50 Crore by creating an additional 3.8 Crore shares. The move is intended to accommodate future funding needs and business expansion, and will require alterations to the company’s Memorandum and Articles of Association. Shareholders can participate in e-voting through NSDL, with detailed instructions available on the NSDL e-voting website or via the contact information provided.
