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

06 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).