BusinessNews

MCA Extends Virtual AGM and EGM Facility for Companies Until September 2025

In a significant boost for India Inc, the Ministry of Corporate Affairs (MCA) has extended the option for companies to hold their annual general meetings (AGMs) via video conferencing (VC) until September 30, 2025. This provision applies to companies whose AGMs are scheduled for 2024 and 2025. Additionally, the MCA has authorized companies to conduct extraordinary general meetings (EGMs) through…
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BusinessNews

Orient Electric Anticipates Strong Revenue Growth in FY24 Due to Summer Surge in Fans and Coolers

As summer approaches with forecasts of unusually high temperatures, Orient Electric, a CK Birla Group company, is poised for significant revenue growth in FY24, driven by strong performance in its fans and coolers segments. Rakesh Khanna, MD & CEO of Orient Electric, shared his optimistic outlook, citing increased demand due to the anticipated heat. Khanna noted that the company expects a…
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