BSEAnand Projects LtdLowNeutral
Announced Tue, 26 Aug · 15:57 IST

Notice of AGM to be held on Thursday, September 18, 2025

Board & Shareholder Meetings View source PDF

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AI summary

Anand Projects Ltd has issued notice for its 90th AGM scheduled for Thursday, September 18, 2025, at 10:30 a.m. in Lalitpur, Uttar Pradesh. The Register of Members and Share Transfer Books will remain closed from September 15 to September 18, 2025. Four items are on the agenda: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025; (2) re-appointment of Mr. Rajesh Kumar Sharma (Whole Time Director & CFO), who retires by rotation; (3) approval of material related party transactions with associate company Ojas Industries Private Limited, capped at Rs. 1,500 crores, valid until the 91st AGM; and (4) appointment of Mr. Amit Kansal as Secretarial Auditor for five consecutive years from FY 2025-26 at a proposed fee of Rs. 60,000 plus taxes. Remote e-voting through CDSL is open from September 15 (9:00 a.m.) to September 17 (5:00 p.m.), with the cut-off date set as September 12, 2025.

Likely market impact

Shareholders should note the book closure window during which no share transfers will be processed. The Rs. 1,500 crore related party transaction limit with Ojas Industries — where Whole Time Director Mr. Rajesh Kumar Sharma also serves — is a large authorization relative to the company's size and is a key resolution requiring shareholder attention. Related parties cannot vote on this resolution.