Notice of 31st Annual General Meeting of the company scheduled to be held on Wednesday, 10th September, 2025 at 1:00 PM
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Balurghat Technologies Limited has notified its 31st Annual General Meeting on Wednesday, 10 September 2025 at 1:00 PM, to be held via Video Conferencing. Seven items are on the agenda: (1) adoption of audited financial statements for FY 2024-25, (2) re-appointment of Mr. Pawan Kumar Sethia as Managing Director (retiring by rotation), (3) re-appointment of Mr. Ravikant Sethia as Whole-Time Director for a second 5-year term from 17 August 2025 along with a remuneration revision effective 1 October 2025 (totalling about Rs. 4 lakh per month including allowances), (4) revision of Mr. Pawan Kumar Sethia's remuneration to about Rs. 5 lakh per month effective 1 October 2025, (5) revision of Mr. Arun Kumar Sethia's remuneration to about Rs. 5 lakh per month on the same effective date, (6) revision of Mr. Apurv Sethia's (COO) salary from Rs. 2.5 lakh to Rs. 3 lakh per month, and (7) appointment of M/s Prity Bishwakarma & Co as Secretarial Auditor for 5 consecutive years (FY 2024-25 to FY 2028-29). The e-voting window runs from 6 September (10 AM) to 9 September (5 PM) with a cut-off date of 3 September 2025, and the Register of Members is closed from 4 to 10 September 2025.
This is a routine AGM notice with no negative implications. The resolutions involve a promoter-family-led revision of managerial remuneration and a routine auditor appointment, all requiring shareholder approval. Retail investors should review the remuneration hikes and re-appointments before voting, though these are not unusual for a closely-held company.