Corporate Announcement for Outcome of the 09th Annual General Meeting held on 26th September 2025
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AA Plus Tradelink Ltd held its 9th AGM on September 26, 2025 via video conferencing, lasting 19 minutes. All 9 resolutions were approved, including 4 ordinary business items and 5 special business items. Ordinary business covered adoption of FY25 audited financial statements, re-appointment of Mr. Ashok Amritlal Shah as a director retiring by rotation, and appointment of M/s S K B J P & Co as statutory auditors along with M/s Vishakha Agrawal & Associates as secretarial auditor. Special business included the re-appointment of Mr. Kiritkumar Madhavlal Shah as Managing Director and Ms. Nilam Soni as Independent Director, both requiring special majority.
The smooth approval of all resolutions is routine and positive, confirming management continuity with the re-appointment of the Managing Director. The increase in the FPI/FII shareholding limit to 49% may broaden future institutional investor participation, while the higher loan and guarantee thresholds under Sections 185 and 186 give the company greater financial flexibility.