Notice of 19th AGM with director salary hike and FY26 results
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Amic Forging issued notice for 19th AGM on September 30, 2026 at 3 PM via video conferencing. Key items: adopt FY26 audited financials, re-appoint Mr. Anshul Chamaria, ratify Cost Auditor pay of Rs. 50,000, and triple monthly salary of Managing Director Mr. G L Chamaria and Whole Time Director Mr. Anshul Chamaria from Rs. 5 lakh to Rs. 15 lakh each, effective April 1, 2025. FY26 revenue grew to Rs. 14,178.48 lakh but PAT dropped to Rs. 2,827.71 lakh. No dividend.
Three-fold salary hike for promoter-directors needs shareholder approval. FY26 PAT fell despite revenue growth and no dividend declared, which may disappoint income-seeking shareholders.