Annual Report for the Financial Year 2024-2025
AARNAV · price
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Aarnav Fashions Ltd has submitted its 42nd Annual Report for FY 2024-25 along with the notice of its Annual General Meeting (AGM) scheduled on September 30, 2025 at 3:00 PM. The AGM notice includes ordinary business such as adoption of audited financial statements and re-appointment of Mr. Champalal Gopiram Agarwal (Whole Time Director) who retires by rotation. It also seeks shareholder approval for ratifying the cost auditor's remuneration of Rs 55,000 for FY 2025-26. A significant part of the notice is four special resolutions seeking approval for material related party transactions, each capped at Rs 150 crore per financial year for a 5-year period starting FY 2025-26, with Aarnav Industries Pvt Ltd, One World Texofab Pvt Ltd, Alpine Texworld Ltd, and Alpine Cotweave LLP — all companies where the promoter is interested. The annual report and notice have been uploaded on the company's website www.aarnavgroup.com and sent to shareholders electronically.
Shareholders should note the sizable related party transaction proposals (up to Rs 150 crore each with four promoter-linked entities) being put to vote, which warrant careful review for governance and conflict-of-interest considerations. The AGM outcome on these resolutions and the director's re-appointment will be the key near-term event for the stock.