Vishnu Prakash R Punglia Limited has appointed new auditors for the financial year 2026-27 and approved a proposal to increase its authorized share capital. The decisions were taken during a board meeting held on May 30, 2026. The company appointed M/s Rajendra Singh Bhati & Co. as the cost auditor and M/s R.G. Maheshwary & Co. as the internal auditor upon the recommendation of the Audit Committee. Additionally, the board recommended to the members an increase in authorized share capital from ₹150 crore to ₹200 crore.

The board approved the alteration of the capital clause in the Memorandum of Association to facilitate the increase in authorized share capital. The existing capital of ₹150 crore, divided into 15 crore equity shares of ₹10 each, will be increased to ₹200 crore, divided into 20 crore equity shares of ₹10 each. The new shares will rank pari passu with the existing equity shares.

Auditor Appointments

The appointment of M/s Rajendra Singh Bhati & Co. as cost auditor is pursuant to Section 148 of the Companies Act, 2013. The firm, based in Jodhpur, Rajasthan, holds a Membership No. of 33509 and an FRN of 101983. M/s R.G. Maheshwary & Co. was appointed as internal auditor pursuant to Section 138 of the Companies Act, 2013. The firm holds a Registration No. (FRN) of 012124C. Both firms have consented to act and are qualified for the appointment.

Key Details of Appointments

The disclosures regarding these appointments were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant SEBI circulars. The board meeting commenced at 12:00 P.M. and concluded at 05:15 P.M.

Vishnu Prakash R Punglia Limited has announced that its board meeting will be held on Saturday, May 30, 2026. The meeting has been convened pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The Board of Directors will consider several key proposals during the session. The primary agenda includes the review and approval of the audited financial results of the company for the quarter and year ended March 31, 2026.

Furthermore, the board will deliberate on recommending to the members an increase in the authorised share capital. This proposal includes a consequent alteration of the capital clause in the Memorandum of Association of the company.

Capital Restructuring Proposals

In addition to the financial results, the board will consider the conversion of unsecured loans from executive directors-cum-promoters into equity shares of the company. This move aims to strengthen the equity base by converting promoter debt into equity.

The directors will also evaluate and recommend the issuance of Fully Convertible Warrants on a preferential basis. These warrants are proposed to be issued to persons belonging to the “Promoter Group” and the “Non-Promoter-Public Category”. The table below summarizes the key proposals to be considered:

Trading Window Closure

The company has also informed the stock exchanges regarding the closure of the trading window. In accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company will remain closed. This closure will continue until the expiry of 48 hours after the dissemination of the audited financial results for the quarter and year ended March 31, 2026.