Intimation of Extraordinary General Meeting of the company will be held on December 12, 2025 at 09:00 AM
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Chambal Breweries and Distilleries Ltd has called an Extraordinary General Meeting (EGM) on December 12, 2025 at 9:00 AM at The Fern Jaipur Airport Plaza, Jaipur. Five special resolutions will be considered: (1) approval of remuneration of Rs. 25,000/month each for the Managing Director and Whole-Time Director, plus sitting fees of Rs. 20,000 per meeting for Independent Directors; (2) appointment and change in designation of Mrs Meenal Shrirang Patwardhan as Managing Director and Chairman for 5 years; (3) appointment of Mr Trevor Valentine Dsouza as Whole-Time Director for 5 years; (4) appointment of Mrs Neha Shukla as Independent Director for 5 years; and (5) appointment of Mr Jay Kumar Shaw as Independent Director. The explanatory statement reveals the company has been making losses for three consecutive years (FY25 PAT loss of Rs. 8.32 lacs, FY24 loss of Rs. 246.75 lacs, FY23 loss of Rs. 37.34 lacs), with reserves and surplus deeply negative at Rs. (636.85) lacs. Management cites pricing pressure and government closure of IMFL/Beer retail outlets as reasons, and plans to diversify into new product lines. Remote e-voting facility via CDSL will be available from December 9–11, 2025.
Shareholders need to vote on key board-level changes including elevation of Mrs Patwardhan to MD & Chairman and appointment of new directors. The very low proposed remuneration (Rs. 25,000/month) for MD and WTD, combined with three years of consecutive losses and depleted reserves, signals severe financial stress and a pivot attempt through new leadership and product diversification. Investors should weigh the governance restructuring against the weak financials before approving.