Aksh Optifibre AGM Sep 28, 2026: voting, CIRP
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Company snapshot and what was announced
Aksh Optifibre Limited (BSE: 532351; NSE: AKSHOPTFBRBE) has scheduled its 39th Annual General Meeting (AGM) for Monday, September 28, 2026. The company operates in the optical fibre cables segment. The meeting will be conducted through Video Conferencing and Other Audio Visual Means, as disclosed in the company’s filings and AGM notice for FY2025-26. Alongside the AGM schedule, the company also communicated key voting dates and the engagement of an e-voting service provider.
The AGM timeline is notable because the company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, with supervision linked to proceedings at the appellate level.
AGM format: video conferencing and shareholder participation
Aksh Optifibre stated that the AGM will be held through virtual modes (VC/OAVM). The company also announced the dispatch of the notice and annual report for the financial year ended March 31, 2026. For shareholders, this sets the process for participation, voting, and access to meeting materials.
Virtual AGMs have become an established format, but for shareholders in a company under insolvency-related oversight, the clarity of timelines and voting eligibility becomes particularly important.
Key dates: cut-off, remote e-voting window, and meeting day
The company specified the cut-off date for voting eligibility as Monday, September 21, 2026. Shareholders holding shares on that date are eligible to vote on the resolutions placed before the AGM.
Remote e-voting will open on Friday, September 25, 2026 at 9:00 am and close on Sunday, September 27, 2026 at 5:00 pm. Aksh Optifibre has engaged KFin Technologies Limited to provide the e-voting facility. The company also clarified that members who have cast votes remotely may attend the AGM but cannot vote again. Those attending without prior remote voting can exercise their voting rights during the meeting.
Insolvency context: CIRP and the role of the interim resolution professional
Aksh Optifibre is undergoing CIRP under the Insolvency and Bankruptcy Code, 2016. As per the disclosed chronology, the National Company Law Tribunal (NCLT), Jaipur Bench, appointed Mr. Praveen Kumar Singhal as Interim Resolution Professional (IRP) on June 19, 2026.
The company’s promoter, Dr. Kailash Shantilal Choudhari, appealed this order before the National Company Law Appellate Tribunal (NCLAT) in New Delhi. On June 30, 2026, the appellate tribunal ordered that the interim resolution professional shall not take further steps. The company is to operate under the supervision of the interim resolution professional, with assistance from the appellant and other officers, as described in the update.
Promoter-group share sale disclosed ahead of the AGM
Separately, the company disclosed that promoter group member Mrs. Mona Kailash Choudhari sold 1,34,165 equity shares through open market transactions on September 24, 2026. Following this disposal, her holding stands at 25,59,964 shares, representing 1.57% of the company’s paid-up equity capital, down from 1.66% as highlighted.
The disclosure also stated that there were no encumbrances reported on the shares either before or after the transaction.
Equity capital structure: shares outstanding and paid-up value
Aksh Optifibre’s total equity share capital was disclosed as unchanged at 16,26,97,971 equity shares of face value ₹5 each. The paid-up equity capital amount corresponding to this was stated as ₹81,34,89,855, which is about ₹81.35 crore.
This static capital base provides the denominator for the disclosed percentage shareholding changes following the promoter-group transaction.
Stock price references provided in the update
The dataset accompanying the announcements includes price references around the AGM. For September 28, 2026 (AGM day), the table shows an LTP of ₹7.36 at announcement and ₹7.04 at record day.
Another reference states that as of September 18, 2026, Aksh Optifibre share price is ₹8. Additionally, it notes the share price as ₹8.02 on NSE and ₹7.97 on BSE as on September 17, 2026.
Quick facts table
Market impact: what investors typically track in such updates
From a market-information perspective, the combination of an AGM schedule and insolvency-related disclosures can influence how investors track governance and process milestones. The AGM notice sets dates for shareholder voting and participation, while the CIRP context frames how oversight and supervision is operating as per tribunal directions disclosed by the company.
The promoter-group transaction adds another data point for investors watching shareholding changes, especially when paired with the statement that there were no encumbrances before or after the sale. The price references shared around mid to late September 2026 provide context on where the stock traded near these events, including ₹8.02 (NSE) and ₹7.97 (BSE) as on September 17, 2026.
Analysis: why the AGM timeline matters during CIRP
AGMs are routine statutory events, but the operational backdrop can change the questions shareholders focus on. Here, the AGM is scheduled while the company remains under CIRP, and the disclosed NCLAT direction dated June 30, 2026 indicates that the IRP shall not take further steps, while supervision continues with assistance from the appellant and other officers.
For shareholders, the stated cut-off date (September 21, 2026) and the remote e-voting window (September 25-27, 2026) are the practical milestones that determine eligibility and participation. The use of KFin Technologies for e-voting also clarifies the mechanism through which votes are to be cast.
Conclusion
Aksh Optifibre’s 39th AGM is set for September 28, 2026 via VC/OAVM, with voting eligibility tied to the September 21 cut-off and remote e-voting scheduled from September 25 to September 27, 2026. The meeting takes place while the company remains in an NCLAT-supervised insolvency resolution process, and the company has also disclosed a promoter-group share sale completed on September 24, 2026. The next immediate milestones for shareholders are the remote voting window and the AGM proceedings on September 28.
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