Notice of 18th AGM to the member of Orbis Financial Corporation Ltd. - 30th September, 2024

Notice is hereby given that the 18th Annual General Meeting (AGM) of Orbis Financial Corporation Limited (the Company) will be held on Monday, September 30, 2024, at 3:00 p.m. IST at OASIS, AIR By Ahuja Residences, 25, J-10, DLF Phase 2, Sector 25, Gurugram, Sarhol, Haryana 122002, in physical mode, without remote or e-voting facilities, to conduct the following business:

Ordinary Business:

• Adoption of audited financial statements as of 31st March 2024, and Report of the Board of Directors and Statutory and Secretarial Auditors thereon.
  
• Declaration of dividend (final) on equity shares at the rate of 10 % on face value being Rs. 1.00 per equity share for FY24.
  
• Re-Appointment of Ms. Manasi Gupta (DIN:05355444) as a Non-Executive Director liable to retire by rotation.
  

Special business:

• Authorization under Section 180 (1)(a) of The Companies Act, 2013 – to create charges, mortgage, lien, etc. on the company’s assets.

​The total outstanding amount secured shall not exceed Rs. 2,000 Cr (Rupees Two Thousand Crores Only) at any given time.

• ​Authorization under Section 180 (1)(c) of The Companies Act, 2013 - Increase in borrowing powers of the Company.
  

​The aggregate outstanding of which should not exceed, at any given time, Rs. 2,000 Cr (Rupees Two Thousand Crores Only).