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Prakash Industries issued different AGM notices

Second notice had an extra resolution on promoter remuneration

surveillance, GSM, Sebi, shell firms
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(Photo: iSTOCK)

N Sundaresha Subramanian New Delhi
Prakash Industries, one of the two companies that got interim relief from the recent crackdown on shell companies, had issued two different notices for its annual general meeting held on July 26.
In the first notice issued, which was part of the annual report released on July 3, still available on the company website, there were seven resolutions. Most shareholders and institutional investors had seen this resolution.
However, a subsequent notice published contains eight resolutions. Both documents are still available on the company's website The eighth resolution relates to appointment and approval of remuneration of a promoter director. This was a special

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