Notice is hereby given that the 42nd Annual General meeting of the members of M/s. Binayak Tex Processors Limited will be held on Tuesday 29th September, 2025 at 3.00 p.m through Audio ....
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Binayak Tex Processors Limited has called its 42nd Annual General Meeting on Tuesday, 29th September 2025 at 3:00 p.m., to be held via Video Conferencing (VC/OAVM). The agenda includes routine items: adoption of the audited standalone financial statements for the year ended 31st March 2025, re-appointment of Director Mrs. Heeradevi Pacheriwala (DIN: 00433665) who retires by rotation, and appointment of M/s. Sunderlal Desai & Kanodia, Chartered Accountants as Statutory Auditors until the 43rd AGM. Three Special Resolutions are also tabled — seeking shareholder approval to raise the company's borrowing limit to Rs. 300 crore under Section 180(1)(c), to create mortgage or charge on company assets to secure such borrowings under Section 180(1)(a), and to permit loans, guarantees, security, and investments up to Rs. 500 crore under Section 186. Remote e-voting opens on 26th September 2025 (9:00 a.m.) and closes on 28th September 2025 (5:00 p.m.), with the cut-off/record date set as 20th September 2025.
Shareholders will vote on significantly expanding the company's borrowing capacity (up to Rs. 300 crore) and its power to lend, invest, or give guarantees (up to Rs. 500 crore), which could result in higher debt or related-party transactions. The director re-appointment and new auditor (Sunderlal Desai & Kanodia) are routine governance items and unlikely to materially affect the stock price.