Amit Spinning Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2025
Awaiting price reaction for this filing.
Girnar Spintex Industries Limited (formerly Amit Spinning Industries Limited) held its 33rd AGM on September 30, 2025 at 1:00 PM via video conferencing, with 44 shareholders in attendance. Chairman and Managing Director Mr. Deepak Chaganlal Choudhari chaired the meeting and shared an overview of FY2024-25 financial performance and future outlook. Shareholders considered 13 items of business, including adoption of audited financial statements, reappointment of Mr. Choudhari as a rotating director, ratification of cost auditor remuneration, appointment of Mr. Arunkumar Manakchand Lalwani as Director, appointment of a new Secretarial Auditor, and approvals for material related party transactions with five Arihant-group entities, Harsh Industries, and the two directors themselves. A special resolution was also tabled to allow partial sale or disposal of company assets exceeding 20% of total assets. The meeting concluded at 1:14 PM.
Routine AGM proceedings disclosure with no major surprises — the key resolutions to watch for shareholders are the related party transaction approvals and the special resolution permitting asset disposals above 20%, both of which can affect promoter-related dealings and the company's asset base going forward.