We are submitting notice of 7th annual general meeting of company to be held on 04/09/2025 at 3 pm through vc/oavm means.
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Anand Rayons Ltd has called its 7th AGM on September 4, 2025 at 3:00 PM, to be held through video conferencing. E-voting facility via NSDL will be open from September 1-3, 2025, with August 27, 2025 set as the cut-off date. Ordinary business includes adoption of FY25 audited financial statements, re-appointment of Mrs. Jigisha Chorawala as director (retiring by rotation), and appointment of Mr. Jitendrakumar Rawal as Secretarial Auditor for a 5-year term (FY26-FY30). Special business covers three items: (1) expanding the company's main object clause to diversify into food products, beverages, nutritional supplements, packaging materials, and real estate/industrial plots alongside its existing textile and yarn business; (2) revision in remuneration of Managing Director Mr. Anand Bakshi (currently Rs. 2,00,000/month); and (3) revision in remuneration of Wholetime Director Mrs. Shilpa Bakshi (currently Rs. 1,50,000/month), both with provisions for minimum remuneration even during periods of inadequate profits.
Shareholders will vote on a notable business diversification move beyond textiles into food and packaging, plus revised pay packages for the promoter-directors that can be paid even without adequate profits. The promoter family (Anand and Shilpa Bakshi) together hold about 68.7 lakh shares, so their vote carries weight on these special resolutions.