Futura Polyesters Announces 1st Extra-Ordinary General Meeting for FY26-27
Futura Polyesters Ltd has scheduled its first Extra-Ordinary General Meeting (EGM) for the financial year 2026-2027. The meeting is set to take place on Wednesday, August 26, 2026, at 11:00 am IST, and will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM).The notice for the EGM was issued to members on August 4, 2026. The meeting is scheduled to transact the business matters outlined in the EGM notice.
Key Dates and Voting Details
The company provided detailed information regarding the voting process for shareholders. Members holding shares either in physical or demat form as of Wednesday, August 19, 2026, are eligible for electronic voting through CDSL's e-voting services.Key operational dates related to the EGM are as follows:
| Event | Date/Period | Time |
|---|---|---|
| EGM Date and Time | Wednesday, August 26, 2026 | 11:00 am IST |
| Cut-off Date for Voting Eligibility | Wednesday, August 19, 2026 | N/A |
| Remote E-voting Period Start | Sunday, August 23, 2026 | 09:00 am IST |
| Remote E-voting Period End | Tuesday, August 25, 2026 | 5:00 pm IST |
Members who attend the EGM via VC or OAVM are counted towards quorum under Section 103 of the Companies Act. The company confirmed that members holding shares as on the cut-off date are entitled to vote either through remote e-voting or at the EGM, whichever is applicable.
Scrutinizer Appointment and Results Timeline
Mr. Martinho Ferrao of M/s Martinfo Ferrao & Associates (Membership No: FCS 6221) has been appointed as the Scrutinizer to ensure a fair and transparent process for scrutinizing both the voting and remote e-voting procedures.The results concerning the resolutions are slated to be declared no later than 48 hours following the conclusion of the EGM. The results, along with the Scrutinizer's Report, will be placed on the Company’s website and the CDSL e-voting portal.
Stock Price Movement
Futura Polyesters Ltd. shares settled at ₹3.85 after trading concluded on Wednesday, recording a 3.75% decline. The stock traded within a narrow intraday range, moving between a low of ₹3.81 and the day’s high of ₹3.85.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.