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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company is seeking shareholder approval via postal ballot (e-voting from Nov 14 to Dec 13, 2025; results by Dec 15, 2025) for two items: (1) re-appointment of Mr. Yashovardhan Sinha (Promoter) as Chairman & Managing Director for 5 years from May 16, 2026 to May 15, 2031, with maximum remuneration of Rs. 3,55,000 per month; and (2) re-appointment of Mr. Atul Sinha as Independent Director for a second 5-year term from Nov 16, 2025 to Nov 15, 2030. Mr. Sinha will turn 70 during his term (in 2028), requiring a special resolution under Section 196(3) of the Companies Act for continuation beyond age 70. Context: the company (which runs supermarkets, Yo! China restaurants and salons across Bihar, 33 outlets) has been loss-making — FY25 PAT was negative Rs. 3.82 crore and H1 FY26 PAT was negative Rs. 2.17 crore on revenue of Rs. 97.41 crore and Rs. 45.19 crore respectively.
Routine governance exercise; limited direct stock price impact, but the MD's remuneration required special resolution due to the company's loss-making position. Shareholders should watch the Dec 15, 2025 voting result.