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of <h1>Appointment of Additional Directors or Casual Vacancy Directors at AGM Requires Notification u/s 303(2) of Companies Law.</h1> The circular clarifies that the appointment of an additional director under section 260 or a director in a casual vacancy under section 262, when appointed as a director at the company's annual general meeting, constitutes a change under section 303(2) of the Companies Law. This change must be notified to the Registrar. The clarification aligns with a previous departmental opinion stating that reappointments of retiring directors at an annual general meeting do not constitute a change, except for additional directors or those filling casual vacancies, who must notify such changes when appointed for a full term.
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