32nd AGM notice; major business diversification and capital hike proposed
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
32nd AGM on Saturday, Sept 26, 2026 at 3 PM via video conferencing. Key resolutions: re-appoint MD Umesh Kumar Agarwal for 5 years; add 5 new business objects (electronics, beverages, franchising, contract manufacturing, real estate); waive excess remuneration of Rs 14.19 lakh paid to directors in FY 2024-25; raise managerial pay ceiling from 11 percent to 30 percent of net profits; and increase authorized share capital from Rs 25 crore to Rs 55 crore. Remote e-voting opens Sept 23 and closes Sept 25, 2026.
Company plans major diversification into new sectors and a sharp jump in authorized capital. Shareholders should review and vote online from Sept 23 to 25, 2026.