Announced Sat, 23 Aug · 16:38 IST

Please Find Enclosed, Notice of the 39th Annual General Meeting of the Company for the Financial year 2024-2025, scheduled to be held on Monday, September 29, 2025.

Board & Shareholder Meetings View source PDF

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AI summary

Ashirwad Capital Ltd has sent notice of its 39th AGM to be held on Monday, September 29, 2025 at 12:00 PM (IST) via Video Conferencing/Other Audio Visual Means. The cut-off date for e-voting eligibility is September 22, 2025, and remote e-voting runs from September 26 to September 28, 2025 through Bigshare Services. Five items are on the agenda: (1) adoption of audited financial statements for FY ended March 31, 2025; (2) re-appointment of Mr. Rajesh Ramprasad Poddar (holding 1.31 crore equity shares) who retires by rotation; (3) re-appointment of Mrs. Shilpa Dinesh Poddar (holding 80.76 lakh equity shares) who also retires by rotation; (4) appointment of Mr. Rahul Gupta as Independent Director for a 5-year term (March 20, 2025 to March 19, 2030) via ordinary resolution; and (5) re-appointment of Mr. Madhusudhan Lohia as Independent Director for a second 5-year term (July 29, 2025 to July 28, 2030) via special resolution. The meeting will be chaired by Managing Director Dinesh Ramprasad Poddar.

Likely market impact

This is a routine AGM notice with no material corporate actions like fundraising, mergers, or dividend announcements. Shareholders should note the September 22, 2025 cut-off date for e-voting eligibility and the September 23-29, 2025 book closure period. The re-appointment of two Poddar family directors (Rajesh and Shilpa) confirms continued promoter family control, while the changes are limited to independent director appointments requiring shareholder approval.