BSEAveer Foods LtdLowNeutral
Announced Mon, 29 Sept · 17:09 IST

Dear Sir, We are enclosing herewith a copy of the an outcoem of the Annaul General Meeting.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aveer Foods Limited (brand: Suhana) held its 6th AGM on 29 September 2025 via video conferencing. The statutory auditor's report for FY25 was clean with no qualifications or adverse remarks. Shareholders approved a dividend of Rs. 0.25 per equity share for FY ended March 31, 2025. M/s SBH & Co was appointed as new statutory auditors for a 5-year term, replacing Bharat Shah & Associates. Both Managing Directors, Vishal Chordia and Anand Chordia, were re-appointed for 5 years till July 2030, alongside the re-appointment of Whole-time Director Bapu Gavhane. A special resolution was passed to continue Independent Director Vijaykumar Kankaliya beyond age 75, and revised Related Party Transaction limits were approved till the next AGM in 2026.

Likely market impact

Routine governance update with continued promoter leadership and a modest dividend payout. The auditor change to SBH & Co and revised RPT limits are items shareholders should monitor, but nothing materially concerning was flagged in the meeting.